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Candy rush

Halloween spending to hit historic heights

Halloween sales could hit record highs this year, when many consumers are expected to shop online.
Halloween sales could hit record highs this year, when many consumers are expected to shop online.

The National Retail Federation predicts that total spending for Halloween will reach $8.4 billion, an all-time high in the annual survey’s history.

Consumers are expected to spend an average of $82.93, an increase of $10 from 2015. Thirty-five percent of purchases will take place online, driving shipping increases.

Costumes, candy and decorations will be the most common purchases. Consumers are expected to spend $390 million on greeting cards, representing 35.4 percent of all purchases.

Consumers will also be shopping sooner: Eight in 10 plan to start in mid-October.

“That is the highest we have seen in the survey history,” said industry analyst Pam Goodfellow. “Americans will enjoy taking advantage of early-bird promotions both online and in-store as they kick off the fall season.”

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