ADVERTISEMENT
Americans' Sweet Teeth to Boost Halloween Candy Spending
Americans' Sweet Teeth to Boost Halloween Candy Spending
31 Oct 2018, 11:48 PM IST
(Bloomberg) -- Despite the first increase in three years in Halloween candy prices, Americans are expected to boost spending on sweet treats this October by 4.2 percent from a year ago. Helped by improved consumer confidence, total spending is forecast to reach a record $2.5 billion, or about $20.10 per household, according to IHS Markit.
To contact the reporter on this story: Sophie Caronello in Washington at scaronello@bloomberg.net
To contact the editors responsible for this story: Sophie Caronello at scaronello@bloomberg.net, Nancy Moran, Anne Riley Moffat
©2018 Bloomberg L.P.
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT