Halloween’s big spenders are millennials

Personal Finance


The scariest thing about Halloween may be the unintentional expenses.

Between costumes, decorations and, of course, candy, the average American will be shelling out $169.81, according to a recent poll by LendEDU.

Costume purchases made up almost half of that, with partygoers spending just over $70 on their disguises, LendEDU said. More than $60 will be spent on treats and a little less than $40 on decorations, including the prerequisite jack-o-lantern.

Altogether, the total amount spent on the spooky season is forecast to reach a record high of $9.1 billion, with 179 million Americans planning to partake in Halloween festivities, up from 171 million in 2016, according to the National Retail Federation.

That survey also found that a record number of adults, or 48 percent, plan to dress in a costume this year. (Pets are also getting in on the action.)

Millennials, in particular, are outspending other generations by about 2-to-1, according to a separate survey by CIT Bank.



Source link

Products You May Like

Articles You May Like

Stocks making the biggest moves after hours: SWCH, VIPS and more
Clare Bronfman, From Seagram heiress to defendant in Nxivm’s sex cult
Bill Gross’ boss says bond manager ‘has been wrong and wrong badly’
Home Depot earnings q2 2018
How to stop Google from storing your location history 

Leave a Reply

Your email address will not be published. Required fields are marked *