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Jul
05
Can you guess how much Americans in total spend on 4th of July?

Now that the Holiday weekend is over, can you guess how much Americans spent in total from Friday until Tuesday? That number is a little more than $7 billion on cookouts and other celebrations of the Holiday weekend. But that's not all. Here is a breakdown of the top July 4 expenses across the country, according to personal finance website WalletHub.

  1. Merchandise: Flags are a top seller this holiday with more than $5 million worth of U.S. flags imported into the country, mostly from China.

  2. Travel: An estimated 44.2 million Americans will travel 50 miles or more from home during the holiday weekend, according to the AAA.

  3. Food: Barbeques are all over the neighborhood. Americans spend about $388 million on hamburger patties, $389 million on barbecue chicken, $133 million on buns and $37 million just on ketchup.

  4. Beer: The Fourth of July is the country's top beer-drinking holiday with more than $1 billion spent on cold brews last year alone and another $568 million was spent on wine.

  5. Fireworks: No Fourth of July party is complete without fireworks. Altogether Americans spent more than $800 million on fireworks in 2016, with many municipalities shelling out $5,000 to $30,000 to host their own display.

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