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Spooky Season Alert!

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Cornerstone CU League

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More than 157 million Americans will celebrate Halloween this year, with eight in 10 millennials saying they are already planning something fun with their friends. Total spending in 2015 will top $6.9 billion, with the average American celebrating planning to spend $74 on decorations, candy, costumes and more.

Consumers celebrating Halloween plan to spend an average of $27.33 on costumes for the whole family, and a total of $2.5 billion on store-bought, homemade, large and small costumes. Those celebrating will spend the most on adult costumes ($1.2 billion), and will spend a total of $950 million on children’s costumes and $350 million on fashionable and fun costumes for their furry friends. It’s estimated that 68 million Americans will dress up this Halloween and another 20 million pet owners will dress up their pet.

Nine in 10 (93.7%) Halloween shoppers will buy candy, spending a total of $2.1 billion, and an additional 33.5 percent will buy greeting cards, spending a total of $330 million. Two in five celebrants (44.8%) plan to decorate their home or yard, meaning there’s no question consumers will see their fair share of pumpkins, hay bales and even life-size Minions and black cats strewn across their neighborhoods. The average person planning to buy decorations will spend $20.34 with total spending expected to reach $1.9 billion.

It’s all big business, but it can also be costly if you are on a tight budget.

Your Money; Your Matters is a weekly show broadcasting every Tuesday from 11 a.m. to noon Central Time, featuring radio personalities Rick Grady, Cornerstone Credit Union League and Todd Mark, Navicore Solutions. Plus, we have a wide cadre of guests that join us.

Each week, we discuss financial issues that are most importance to consumers. Tune in; share your thoughts; and gain helpful advice.

www.blogtalkradio.com/money_matters

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