Halloween, which is just around the corner, used to be a holiday primarily for the kids — costumes, trick or treating, and lots of candy. However, lately, adults are becoming the dominant consumers for this holiday — grownup parties and events, home decor, and costumes (adults, children, and pets).
According to the National Retail Federation, here were the top spending categories:
- Candy – $2.1 billion
- Home Decor – $1.9 billion
- Adult Costumes – $1.2 billion
- Child Costumes – $950 million
- Pet Costumes – $350 million
So, Happy Halloween (next week) one and all. Party on, Wayne!
Source AARP: The Magazine, October/November issue.