Las Vegas, NV (KXNT) - Experts say that for the first time since the pandemic, lovers of Halloween will be having a normal (whatever that means for the holiday) celebration, and the estimated spending proves the point. With Halloween just a week away, Nevada is in the midst of a spending spree on candy, costumes and scary decorations.
The Retail Association of Nevada predicts that Nevadans will spend an estimated $171.2 million on things like candy, costumes and decorations this year. The breakdown?
- $57.5 million on costumes
- $54.4 million on home decorations
- $50.3 million on candy
- $9 million on greeting cards
Nationwide, people are going to spend more than $10 billion for Halloween.
"Nevada retailers are ready for an enthusiastic Halloween celebration with consumer participation at the highest rate since 2018," said Bryan Wachter, Senior Vice President of the Retail Association of Nevada.
"Retailers remain cautious about the upcoming holiday season," Wachter said. "Consumer spending is not a full reflection of what retailers are facing with ongoing shortages, interest rate increases to battle inflation, and high cost of fuel for shipping goods."