Americans Spend Big On Christmas Cheer… And Mums

Americans Spend Big On Christmas Cheer... And Mums

Americans Spend Big On Christmas Cheer… And Mums

With an expected per-person spending of $875, no other holiday rooted in long-standing tradition comes close to the winter holiday season, which starts on November 1 and ends on December 31. 

You will find more infographics at Statista

As Statista’s Florian Zandt reports, data from the National Retail Federation (NRF) shows that spending for the runner-up, Mother’s Day, only amounts to one third of Thanksgiving and Christmas consumer spending, with no other seasonal event coming close.

While Mother’s Day spending stood at $274 per person in 2023, Father’s Day, Valentine’s Day and Easter ranged between $192 and $196 in the past year. 

Halloween, where money is mostly spent on costumes and decorations according to additional data from the NRF, comes in sixth with an expected per-person spend of $108. While most of the holidays featured on the list have roots in history reaching back hundreds to thousands of years, the Super Bowl is a relatively new phenomenon. This fact notwithstanding, U.S. Americans on average still spend $85 per person on arguably the most important U.S. sports event of the year.

When taking into account not just festivities connected to specific celebrations, two other occasions take the first and second spots in the ranking: Back-to-college and back-to-school. However, these two events are not comparable to the rest of the list, since the average expected spending of $1,367 and $890, respectively, is calculated by household and not per person. Having more than one individual per household in need of school supplies, clothing or electronics for the new school year can skew the results. Therefore, it’s likely that even while the per-household figures for back-to-college and back-to-school are higher, the winter holiday season still ranks first in individual spending.

Tyler Durden
Sat, 11/09/2024 – 22:45

Democrats Wasted Nearly $500 Million on Losing 5 Senate Races

Democrats Wasted Nearly $500 Million on Losing 5 Senate Races

Democrats and allied operatives wasted nearly half a billion dollars on Senate races that they were doomed to lose, campaign finance filings obtained by the Daily Caller News Foundation revealed.

The post Democrats Wasted Nearly $500 Million to Get Brutally Beat in 5 Senate Races appeared first on Breitbart.

A View from The Top

A View from The Top
  • Very difficult economic headwinds of the business cycle are coming at us.
  • Inflation is still a problem, the employment picture is increasingly difficult, the delinquency rate on credit cards for small banks is at an all-time high, auto loan delinquencies are at a thirteen-year-year high, and asset prices are vulnerable to disappointing business activity levels and profits.

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The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

 


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EU chief suggested to Trump buying US gas instead of Russia’s

EU chief suggested to Trump buying US gas instead of Russia’s

EU chief Ursula von der Leyen on Friday said she proposed to returning US leader Donald Trump that the United States could supply more liquefied natural gas to the bloc to replace Russian energy. With Trump headed back to the White House after a campaign loaded with threats of steep tariffs on foreign goods, the […]

The post EU chief suggested to Trump buying US gas instead of Russia’s appeared first on Insider Paper.

NATO, Asian partners ‘strongly condemn’ North Korea over Russia troop deployment

NATO, Asian partners ‘strongly condemn’ North Korea over Russia troop deployment

NATO was joined by key Asian partners on Friday in condemning the deployment of thousands of North Korean troops on Russian soil in support of Moscow’s war on Ukraine. “NATO Allies strongly condemn the decisions by the leaders of the Russian Federation and the Democratic People’s Republic of Korea to dangerously expand Russia’s unprovoked war […]

The post NATO, Asian partners ‘strongly condemn’ North Korea over Russia troop deployment appeared first on Insider Paper.

NewsWare’s Trade Talk: Friday, November 8

NewsWare's Trade Talk: Friday, November 8

S&P Futures are flat to lower in a reaction to corporate earnings. On the earnings front ABNB, ANET, ARRY, DKNG, FTNT, AKAM & TTD are moving lower after announcements. China announced a new stimulus plan which focuses in on debt refinancing. NVDA & SHW ar added to the Dow Jones Industrial Average replacing INTC & DOW. Fed Speaker on watch today as the FOMC announced its 25 basis point rate reduction yesterday. In Europe, stocks are lower as China’s stimulus announcement was not as powerful as expected. Oil prices are lower as concerns on a Hurricane in the Gulf of Mexico are falling.