How Americans Will Spend $2.5 Billion on Halloween Candy

Photo of Paul Ausick
By Paul Ausick Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
How Americans Will Spend $2.5 Billion on Halloween Candy

© Thinkstock

In a typical week, Americans spend about $300 million to buy 76 million pounds of sweets. In the run-up to the big candy holidays — Valentine’s Day, Easter and Halloween — that number can skyrocket. The National Retail Federation (NRF) expects U.S. candy sales to reach $2.5 billion for this coming Halloween.

According to a Nielsen survey completed in 2015, Americans spent $823 million in the week before Easter last year. Halloween sales are spread more evenly over several weeks before the holiday itself, but most of the buying for Halloween candy takes place in the month of October, driving the per week average to around $625 million in the run-up to the holiday.

The most expensive average expenditure on candy is around $6.50 a pound for Valentine’s Day chocolates. Easter candy checks in at about $5.75 a pound, and Halloween candy costs just over $4 a pound, according to the National Confectioners Association (NCA). No question about it: Halloween is all about volume.

[nativounit]

Here are some trick-or-treat tidbits from the NCA:

  • 76 percent of households plan to hand out candy to trick-or-treaters this year
  • 82 percent of people over the age of 45 plan to be home to greet trick-or-treaters
  • 72 percent of households will hand out two (50 percent) or three (22 percent) pieces of candy per trick-or-treater
  • Nearly 3/4 of Americans (72 percent) say that chocolate is their favorite Halloween treat
  • Chocolate scored top points among all age groups, but was most popular among those ages 45 to 60 who preferred it over other candies by 78 percent (compared to 68 percent of 18- to 29-year-olds)
  • Candy corn came in a distant second, garnering about 12 percent of the vote, even though 52 percent of people say it’s just not Halloween without candy corn

Parents support the notion that sharing is a critical piece of the Halloween celebration. Nearly half (47%) have a house rule that everyone must share. Parents also report that they enjoy some of their children’s Halloween bounty by sneaking it when the kids aren’t looking (25%). More than 20% claim that they don’t sneak a piece of candy from the kids’ stash or insist that the candy be shared.

[wallst_email_signup]

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618