Fourth of July: Americans to Spend Big on Fireworks, Travel, and Food
The Fourth of July holiday is set to bring a surge in demand for various services and products, from fireworks and food to travel and leisure items. With the holiday falling on a Friday, many Americans are gearing up for a long weekend of celebrations.
Fireworks are a staple of the Fourth of July, with Americans expected to spend nearly $650 million on them this year. Major manufacturers like Phantom Fireworks, Black Cat Fireworks, and TNT Fireworks are preparing to meet this high demand. However, the industry faces challenges such as lead times, import regulations, and special transportation needs.
The Fourth of July holiday is a significant event for both consumers and businesses. With a long weekend ahead, Americans are set to spend big on fireworks, food, travel, and leisure items. The holiday not only brings joy and celebrations but also presents opportunities and challenges for various industries.