3 Spooky-Profitable Stocks for Billions in Halloween Spending
Halloween has its roots in ancient festivals, but in the modern era, it's about big business. How big? Try over $9 billion, according to the National Retail Federation (NRF). That's up from around $8.5 billion last year.
That's a lot of money. And it gets even scarier. Also according to the NRF, average spending per household on All Hallows' Eve this year will come to $86.13. One naturally assumes the largest chunk of Halloween spending is on candy, but the bulk of the spending -- $3.4 billion or 37.4% -- will be on costumes. Candy and decoration spending are tied, at $2.7 billion and 29.7% of all spending each.
Data source: National Retail Federation.
Source: Fool.com
Walmart Inc. Aktie
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