Retailers Expecting Record Halloween Haul
The Florida Retail Federation is predicting record spending for Halloween, with the average shopper plunking down $83.
Spokesman James Miller says the whopping 10-dollar increase from last year’s forecast is an encouraging sign.
“That’s a want that people have, it’s not a need. So when you see increased spending like that on things that people don’t necessarily need, but they want, that’s a great sign for the economy and it shows that things are improving.”
Overall Halloween spending is expected to reach $8.4 billion, up from $6.9 billion last year, according to the trade association’s forecast.
Miller is urging parents to do their shopping early before the most popular costumes disappear.