We found out from economists last week that the American economy is growing much faster than its Canadian counterpart and a survey of consumers may be a confirmation of that finding.
It turns out people in this country appear to be cutting back on the amount they plan to spend to mark Hallowe’en when compared to their American cousins. US residents are looking to add 20-percent to their 2023 Hallowe’en spending compared to a year ago.
In this country, though, more people are cutting back with less than half of us saying we will be spending $50 or more to mark the occasion. Last year that number was closer to 60-percent.
A survey for the Retail Council of Canada, though, showed a couple notable trends among the audience planning to shell out for Hallowe’en. First of all, they’re more dedicated….a much larger percentage are making a shopping trip exclusively for Hallowe’en when compared to last year. And we’re strongly favoring supporting local stores when making these purchases rather than buying on-line like we did during COVID.
