How People Will Be Celebrating & Spending Money This Halloween

Halloween is less than a week away, and while folks will be celebrating differently this year, they aren’t giving up on the celebration altogether.

A new CIT Bank survey finds that of the adults who plan to celebrate this year:

  • 39% are more likely to stay in and watch scary movies than they were last year.
  • 30% are more likely to decorate their homes/yards.
  • 54% arelesslikely to host/attend an in-person party.
  • 51% arelesslikely to go trick or treating.
  • But candy is still in the cards for some with 42% saying they are just as likely to hand out candy this year as they were last year. 

When it comes to Halloween spending:

  • 39% plan to spend less than last year.
  • 66% will make some concessions to save money, including:
    • Buying candy in bulk (47%)
    • Making or reusing costumes/ swapping with friends (34%)
    • Making homemade decorations (25%).
  • Overall, folks plan to spend the most this year on yard/home decor ($39), followed by:
    • Costumes for the family ($32) (down from $60 last year).
    • Candy ($31) (about the same as last year ($33).

Source:Business Insider

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