Fourth of July weekend is synonymous with cookouts and delicious spreads and The National Retail Federation predicts that U.S. consumers will spend $6.78 billion on food items in 2019. While sizable, this number has fallen slightly in recent years after reaching a peak of $7.1 billion in 2017.
Barbecued meat will be a primary dish for many Americans with spending on beef expected to come in around $804 million, chicken at $371 million, and pork at $218 million according to WalletHub.
More than $1 billion is estimated for nationwide spending on fireworks this year according to the American Pyrotechnics Association. This would be the first time that industry revenues could cross the $1 billion mark and would represent an increase of more than double since posting $407 million in revenue in 2000.
As for your local fireworks show, custom fireworks display company Premier Pyrotechnics estimates that most small-town displays run from $2,000 to $7,000, while bigger shows can easily reach the $20,000 mark.
Many Americans will be raising their glass to celebrate Independence Day and WalletHub estimates that spending on beer and wine will eclipse $1.57 billion in 2019. Beer will account for $1 billion while wine is expected to draw $568 million from pockets across the country.
The American Automobile Association is predicting record travel numbers for the Fourth of July in 2019 with 48.9 million Americans traveling in some capacity this holiday. More than 41 million Americans will travel by car this Independence Day – an increase of 4.3 percent compared to 2018. Those drivers will face delays as much as four times a regular commute. Nearly 4 million will travel via plane over the weekend despite the AAA reporting that airfares are on average 10 percent more expensive compared to last year.