The 4th of July is almost here and it’s time to get onboard with Independence Day celebrations. From fireworks and rousing music to stuffing yourself with red, white and blue foods, there’s no end to the fun on America’s birthday. The 4th of July is the epitome of summer fun!
But as fun as it is, the 4th of July is expensive as well. Very expensive in fact!
And how much Americans spend on the holiday may surprise you. Let’s talk about how time and money are spent on Independence Day.
So go grab a bowl of popcorn or ice cream, whatever you like! This is going to be fun because these 8 money facts about the 4th of July will blow your mind.
Time for some backyard picnics
Talk about 4th of July and your mind is taken over by pictures of backyard BBQ. It’s the most popular day for grilling. But are you aware of how much is spent on picnic provisions?
$6.7 billion! You read that right! And the most popular foods eaten on Independence Day are unsurprisingly grilled: hotdogs, hamburgers, chicken and BBQ.
Break it down further, do the math and you’ll know that an average of $73.33 is spent per person on food. That even beats high-end restaurants in terms of pricing!
The gender that spends more money on food
Men spend more on food than women. Not surprised! “You can get to a man’s heart only through his stomach” is true. You don’t believe us? Look at the stats below here’s is the average amount spent on food by each gender,
Men: $78.68
Women: $68.20
The age group that spends more on food
Well, this is surprising. Apparently, 35- to 44-year-olds spend the most on food. Around $ 81.29 to be more precise.
And are also the most frugal Americans. Specific to the 4th of July of course. But anyone over 65 is expected to spend the least.
Get the party started: Bottoms up
The 4th of July is America’s largest holiday for drinking. Beer or Wine, people don’t hesitate.
American adults spend close to $1 billion on beer alone, including wine, the amount was estimated to about $1.6 billion.
Red, blue and green flags all the way
Did you know that America imports $5 million in flags?
A large amount of red, white and blue flags are imported from abroad for the 4th of July. The glorious flag with stripes and stars is a hot commodity in America! And over $5 million is spent on just importing these flags for businesses who want to invest in patriotic cheer for cheap.
Lighting up the sky
Let’s talk about another imported expense—the one that everyone loves and enjoys most on Independence Day —fireworks! The country spends close to $280 million on fireworks
Whether sparklers or snappers, we all love fireworks. And the fireworks industry sees a boom in July.
