blog trackingweb statistics To counteract a spooky economy, America prepares to spend on…

To counteract a spooky economy, America prepares to spend on Halloween candy

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This Halloween, the fright isn’t just at the haunted house. Rising prices for everything from groceries to gas are driving many consumers to cut back.

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“I’m walking to save a little bit of money,” said Lakisha Reardon, a legal assistant. “I’m bringing in my own lunch.”

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Reardon said she has especially seen her electric bill spike this year. She said she is paying an extra $150 every month.

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“I’m ready to invest in candles,” she said.

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But one thing she won’t give up? Halloween candy.

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Average prices for chewing gum and candy have soared 8.1% over the last year, according to the Bureau of Labor Statistics.

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Despite the higher prices, Americans are still buying treats.

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“I remember being a little kid and being super excited when I would get Reese’s Cups,” said Abby Mynatt, a college student who lives in Knoxville, Tennessee. “I want to give that to some other children.”

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Mynatt, 21, said she usually spends around $50 for Halloween candy. She is expecting to shell out a bit more money this year despite financial pressures.

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“I certainly think there are a little more tense things with my budget right now,” she said. “But I still think that certain…

Original source: https://www.nbcnews.com/

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