Current:Home > StocksYes, we started our Halloween shopping earlier than ever this year. But we may spend less. -FinanceAcademy
Yes, we started our Halloween shopping earlier than ever this year. But we may spend less.
View
Date:2025-04-14 13:36:21
Halloween hit stores extra early this year and shoppers bought into it – but may eventually spend a bit less than last year.
Nearly half of consumers (47%) began their Halloween purchasing before October, up from 45% last year – and much higher than in 2019 when 37% of shoppers said they started early, according to the National Retail Federation's annual Halloween Spending Survey.
Shoppers may still be choosy, however. Total Halloween 2024 spending is estimated at $11.6 billion, about 5% below 2023's record-setting spending mark of $12.2 billion, the trade association's survey found.
Retailers were ready for early shoppers with destinations for Halloween decorations and costumes such as Spirit Halloween, Home Depot, Costco, Lowe's and Target all having their spooky holiday selections on display in August or early September.
Check your calendar:Forget Halloween, it's Christmas already for some American shoppers
“Halloween marks the official transition to the fall season for many Americans, and consumers are eager to get a jump-start on purchasing new seasonal décor and other autumnal items,” said Katherine Cullen, vice president of industry and consumer insights for the National Retail Federation, in a statement with the survey findings. “Retailers are prepared to meet this early demand by offering shoppers all the holiday essentials to make this year’s celebrations memorable.”
Millennials and older Gen Z shoppers were more likely to say they would be early shoppers, with 56% of those aged 25-34 saying they shopped early, according to the survey.
"Interest in early Halloween shopping continues to be dominated by … this group kicking off their shopping before October,” said Phil Rist, executive vice president of strategy for Prosper Insights & Analytics, which conducted the survey. “Their love of the holiday is a key factor in this trend, with nearly half of this segment sharing that they plan to shop early because Halloween is their favorite holiday.”
Prosper Insights & Analytics surveyed 7,945 consumers from Sept. 3-8, 2024 for the NRF's Halloween survey.
Halloween: How much do we spend?
The average person is expected to spend $103.63 on Halloween – that's down more than $4 from last year’s record spending average of $108.24, according to the NRF's surveys.
Still, Halloween spending has more than doubled over the past two decades when the average spent per person was $48.48 in 2005.
Halloween shopping: What do we spend the most on?
Anticipated spending on Halloween is largely devoted to three major categories, the survey found:
- Decorations – $3.8 billion
- Costumes – $3.8 billion
- Candy – $3.5 billion
Shoppers also expect to spend about $500 million on greeting cards.
Candy makers say holiday sales may be even sweeter. The National Confectioners Association arrived at different numbers on candy sales: $6.4 billion for Halloween last year, with an expected increase of 3%-5% this year.
Ever since the pandemic, seasonal celebrations have been more popular with interest in Halloween "starting earlier in the year and extending festivities far beyond October 31," said the trade association's president and CEO John Downs in a statement.
Candy corn:Do you love it or hate the Halloween treat? Learn more about the fall sweet
Favorite Halloween activities
Handing out candy is one of the highlights of the Halloween season for the 72% of consumers who plan to celebrate this year, the NRF survey found.
Top Halloween celebration plans:
- Handing out candy (67% said they planned to)
- Decorating the home or yard (52%)
- Dressing up in costume (49%)
- Carving a pumpkin (43%)
- Throwing or attending a Halloween party (29%)
Top Halloween costumes for 2024
Here's the top costumes for this Halloween, according to the NRF survey:
- Children: Spider-Man rules with 2.6 million expected to dress up as the Marvel webslinger. Next: ghost (1.8 million), princess (1.7 million), witch (1.6 million), and favorite superhero (1.5 million).
- Adults: Witch (5.8 million), vampire (3 million), cat (1.6 million), Batman (1.5 million), and pirate (1.4 million).
- Pets: Pet owners like to dress up their pets as a pumpkin (10%), hot dog (6%), a bat (4%), ghost (3%) and bumblebee (3%).
Follow Mike Snider on X and Threads: @mikesnider & mikegsnider.
What's everyone talking about? Sign up for our trending newsletter to get the latest news of the day
veryGood! (283)
Related
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- 2024 Olympics: Rower Lola Anderson Tearfully Shares How Late Dad Is Connected to Gold Medal Win
- How high can Simone Biles jump? The answer may surprise you
- Dwyane Wade's Olympic broadcasts showing he could be future of NBC hoops
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Ammonia leak at Virginia food plant sends 33 workers to hospitals
- Transit officials say taxi driver drove onto tracks as train was approaching and was killed
- Paris Olympics: Simone Biles, Team USA gymnastics draw record numbers for NBC
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- PHOTO COLLECTION: At a home for India’s unwanted elders, faces of pain and resilience
Ranking
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- What Ted Lasso Can Teach Us About Climate Politics
- 16-year-old brother fatally shot months after US airman Roger Fortson was killed by deputy
- Court filings provide additional details of the US’ first nitrogen gas execution
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Legislation will provide $100M in emergency aid to victims of wildfires and flooding in New Mexico
- Biden’s new Title IX rules are all set to take effect. But not in these states.
- Video shows dramatic rescue of crying Kansas toddler from bottom of narrow, 10-foot hole
Recommendation
Could your smelly farts help science?
Drag queen in Olympic opening ceremony has no regrets, calls it ‘a photograph of France in 2024’
Russia releases US journalist and other Americans and dissidents in massive 24-person prisoner swap
Wyndham Clark's opening round at Paris Olympics did no favors for golf qualifying system
What do we know about the mysterious drones reported flying over New Jersey?
2024 Olympics: Snoop Dogg Is Team USA’s Biggest Fan With His Medal-Worthy Commentary
Carrie Underwood will return to ‘American Idol’ as its newest judge
Ballerina Farm blasts article as 'an attack on our family': Everything to know