Americans spent $940 million on fireworks last year, according to the American Pyrotechnics Assocation. That's nearly a billion dollars! That's up roughly 50 percent from 2000, when we spent a mere $610 million on roman candles, sparklers and firecrackers. Fireworks appear to be a recession-proof industry.
We also spent $3.4 billion on hot dogs last year. On the Fourth of July alone, Americans will eat 150 million hot dogs, according to the National Hot Dog and Sausage Council.
The Fourth of July is also the biggest beer-selling holiday of the year. Last year, supermarkets sold 24 million cases of beer for Independence Day. Americans spend more than $90 billion on beer every year.
So have a great time this Fourth of July. You'll be helping the economy in the process.
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