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Americans Will Spend $8 Billion On Halloween This Year

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Halloween_thumb

Cauldrons? Check. Pumpkins? Check. Candy, ghosts and goblins? Check, check, check.

Oct. 31 isn’t only about tricks and treats — it’s about stimulating the economy. With 170 million Americans participating in Halloween festivities, there’s a lot of cash being spent on ghoulish items.

Personal finance forum WiseBread looked into Halloween spending, and found that from 2007 to 2012, Americans shelled out an average of $28.65 on costumes. What’s more, they spent $370 million costumes for pets within those five years. (For some, though, it’s worth seeing their pooch dressed as a giraffe.)

Interestingly, people are turning to social media more often to get ideas for the perfect Halloween getup. Pinterest is a popular source of ideas for All Hallows’ Eve, with 4.2% consulting the online pinboard, while 2.8% are logging on Twitter to get inspiration for costumes.

Check out the infographic below to see more stats on the spookiest night of the year.

Halloween Infographic
Halloween by the Numbers: With the economy already looking pretty darn scary, will Halloween be tame by comparison? Or is Halloween still an excuse for us to throw on a mask, go wild with fake blood, and forget all about our financial misery?


Image: Wise Bread

How much did you spend on Halloween this year? Tell us in the comments below.

BONUS: 15 Unbelievable Halloween Makeup Tutorials on YouTube

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