Thursday, October 29, 2009

Halloween Spending is Haunted by Economy

According to a survey 62.1% of consumers are planning to celebrate Halloween this year.

That is down from 64.5% from last year.
Consumers are cutting back almost one third this year; do to the economy. The average spent on costumes, $20.75, on candy, $17.99, on decorations, $14.95 and $3.02 on greeting cards. The total spending for the holiday is expected to still be 4.75 billion.

Budget trends for this year - reuse decorations from previous year, buy less candy and reuse costumes.

The candy is the real thing!! 52% of Americans will hand out chocolate, 30% lollipops and hard candy, 19% chewy or gummi candy, 16% chewy or bubble gum, and 14% caramel treats.

It wouldn’t be Halloween without trick-or-tre
ating, so some type of costume is a must, along with the sweet treats.

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