Halloween Spending On the Rise in 2020

With so many cancellations when it comes to fall festivals and so many folks switching Halloween plans one would think that Halloween spending would be on the decline. If you thought the spending on the spookiest day of the year would decline, you were very much wrong.

According to the National Retail Federation shoppers will probably spend a higher amount per person this year compared to last year. Could it be that the shutdown made us all get extremely creative and eager for Halloween? We may never know the answer to that, but we do know that last year shoppers spent an average of $86.27, this year, it's

We have TikTok, Pinterest, Facebook, and Instagram giving us all the fun ideas for Halloween decor and even for the most epic outfits. Turns out we really are easily influenced. Will that stop us? I think not. This is the holiday where we can dress up and the only judging will be from a costume judge hoping to put some cash prizes in our pockets.

According to NRF.com the spending numbers are far from spooky this Halloween. "It's been a scary year so far, but that won't stop consumers from celebrating a holiday where they can escape from frights in real life. Despite the pandemic, Halloween 2020 is still on" An estimated 8.05 billion will be spent this year. Yes, you read that right, BILLION. So go all out and spend on decor, spend on a fun Halloween outfit, everyone else is doing it.

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Filed Under: Halloween, RISE, Spending, Spent

Categories: National News