Date Posted: 06/30/23
NCP Blog: Fourth of July 2023 Facts and Figures
Do you have plans for Fourth of July 2023? This year is America’s 247th birthday, and It’s a popular time for food, family, and fireworks!
It’s also a popular time for travel, with nearly 51 million Americans planning to venture 50 miles or more from their home this year. This number is up 4% over 2022 and represents a new record, according to Wallethub. After the past few years of staying close to home, it seems that we’re all ready to go somewhere else!
The majority of those traveling (85%) plan to drive, but more than 4 million people will travel by plane.
Fourth of July 2023 Food Facts
Food often takes center stage (after fireworks, of course!) for the Independence Day holiday. How many hot dogs could you eat in ten minutes? Joey Chestnut holds the record: in 2021, he ate 76 hot dogs in ten minutes.
According to research from Wallethub, Americans plan to spend $9.5 billion on food this year! Here are a few other fun facts about expected consumer spending:
- Americans will spend around $3 billion on beer and wine
- 150 million hot dogs will be consumed
- 65% of Americans plan to attend a picnic
In 2022, Americans spent $844 million on beef products for the holiday. The second-largest expense for consumer grocery bills last year was chicken at $422 million- and Americans purchased 750 million pounds of poultry in the week leading up to July 4.
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