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Survey shows July 4th spending increase

Published On: Jul 02 2013 05:51:14 PM MDT
Survey shows July 4th spending increase

Fourth of July spending is up this year with more of us throwing pricier parties, splurging on fireworks, and sparing little expense when it comes to travel. We read the annual survey done by Visa - it checks opinions in the Midwest, West, South, and Northeast.

Whether traveling or staying home this holiday weekend, the Red, White, and You survey says Americans will spend $300 on Independence Day celebrations, a 58% increase compared to 2012.

On the contrary, some local fireworks stands in the Flathead say business has been slower than in past years, with many shelling out cash instead of plastic.

"What we've seen primarily is young families buying the stuff for the little kids to use and so on, so that's kind of where we're at there," said Jim Coolidge of Hong Kong Harry's in Evergreen. "We're anticipating this evening, tomorrow, and the fourth is going to pick up quite a bit. We had some people where they just started off slow and they'll come back."

For more on the Red, White, and You survey, visit their website.