Archive for the ‘Holiday’ Category

The True Cost of the 12 Days of Christmas in 2017

Posted on December 15, 2017 by Laura Lam

Purchasing the gifts included in the classic holiday song “The 12 Days of Christmas,” will only cost 0.6% more than in 2016, according to the 34th annual holiday economic analysis by The PNC Financial Services Group.  PNC calculated the 2017 price tag for the PNC Christmas Price Index at $34,558.65. That’s just $200 more than last year’s cost and less than the government’s Consumer Price Index, which increased 2.2% through September for the past 12 months. “The U.S. economy is growing at a sustainable pace, fueled by higher consumer confidence, low unemployment, modest wage gains and low interest rates,” said…

Daylight Saving Time: Facts and Figures

Posted on November 03, 2017 by Laura Lam

Sunday, November 5, 2017, marks the end of Daylight Saving Time – a twice-a-year occurrence that we collectively partake in, changing our clocks forward an hour in the spring and back an hour in the fall. But why do we do this? What purpose does it serve? Is it really for the farmers?  You might be surprised how many misconceptions there are surrounding this longstanding practice. Who came up with changing the clocks?  The idea to change the clocks to save daylight was first proposed by English architect William Willett in 1907 when he published The Waste of Daylight. It is believed that Willett’s idea arose…

Halloween Scares Up Record Sales

Posted on October 31, 2017 by Laura Lam

This may not be good news for your waistline, but your sweet tooth might appreciate it: Halloween candy sales are crackerjack this year.  Halloween candy sales are expected to rise 4.1% from last year, reaching a seasonally adjusted $4.1 billion, according to HIS Markit data.  “Consumer confidence is riding high, so consumers are likely to splurge a little more on edible goodies,” said David Deull, a senior economist with IHS Markit. The sales increase is particularly impressive given that candy prices have dropped 0.9% compared with last year, marking the second consecutive Halloween candy price decline, according to IHS Markit…

Best States for Halloween Candy

Posted on October 27, 2017 by Laura Lam

A recent analysis of Halloween candy purchases found that Oregon tops the list of best states to go trick-or-treating in based on how much money residents spend on candy, with 3 Musketeers as the favorite there.  Trailing in second place is neighboring Washington – choosing 100 Grand bars as the top treat – but Oregonians spend on average $11.64 more per person on Halloween sweets. The top states and amounts spent per person on candy: Oregon ($40.29) Washington ($28.65) New Jersey ($24.36) Utah ($23.73) California ($19.72) New York ($19.08) Pennsylvania ($18.78) Illinois ($18.19) Virginia ($17.76) Wisconsin ($16.74). What state ranks…

What to Buy in October

Posted on October 06, 2017 by Laura Lam

When it comes to shopping, October is an odd month sitting smack in the middle of the back-to-school frenzy and the holiday extravaganza. But there are plenty of October deals to be had. The best buys range from leftover items from previous months to goods discounted in advance of the big shopping days to come. Halloween Stuff – Unless you bought a costume and decorations last November, when prices were at their lowest, be on the lookout for bargains this month. The closer the holiday, the bigger the deals, as retailers try to clear the shelves by Halloween. However you won’t find many…

Labor Day 2017: Facts and Figures

Posted on September 04, 2017 by Laura Lam

Today is Labor Day – the holiday will be celebrated by families around the country with picnics, barbecues, road trips, and sports events.  It is the last blast of the summer vacation season.  Labor Day is a federal holiday and most Government offices, schools, and, businesses are closed.  Here are 10 Labor Day Facts. Labor Day in Canada began in 1872 in Toronto but quickly made its way south to the U.S.  Originally it began as a significant demonstration demanding rights for workers. The first U.S. Labor Day was celebrated on Tuesday, September 5, 1882, in New York City, planned by the Central Labor Union. …

The Cost of Attending a Wedding in 2017

Posted on June 16, 2017 by Laura Lam

Wedding season is upon us.  According to theKnot.com, the average cost of a wedding in 2016 rose to an all-time high of $35,329.  But modern weddings aren’t just ultra-expensive for the happy couple, they’re actually a serious, wallet-emptying affair for guests as well. According to the Knot’s 2016 Wedding Guest Study, the average bridesmaid/groomsman spent just over $1,500 last year, while wedding guests spent $888.  Here’s a breakdown of the costs: Average bridesmaid and groomsmen spend per wedding: $1,154 Wedding gift spend: $177 Wedding attire: $207 Wedding travel: $342 Wedding accommodations: $293 Average wedding guest spend per wedding total: $888…

What to Buy in May

Posted on May 05, 2017 by Laura Lam

As warm weather moves in and the school year winds down, May is the time to prepare for summer celebrations. Stock up for graduation parties and Memorial Day barbecues with deals on household goods and entertaining essentials, among other bargains.  Here are this month’s steals and deals from Cheapism.com. Kitchenware – Cookware and small kitchen appliances are promoted heavily in May as retailers target college graduation and wedding season. Wrap up a set of pots and pans for a grad’s first apartment, or shower newlyweds with kitchenware that will last for years. For more discounts, keep an eye out for…

Luck of the Irish Will Bring “Gold” to Retailers

Posted on March 17, 2017 by Laura Lam

Americans will spend more than ever as they put on their favorite green outfits to celebrate St. Patrick’s Day this year, the National Retail Federation said today. According to NRF’s annual survey conducted by Prosper Insights & Analytics, spending for St. Patrick’s Day is expected to reach $5.3 billion, an all-time high in the survey’s 13-year history. More than 139 million Americans plan to celebrate the Irish holiday, and are expected to spend an average of $37.92 per person, up from last year’s $35.37 and a new record that tops the previous record of $36.52 set in 2015. The $5.3…

Online Shoppers at Risk for Identity Theft

Posted on March 03, 2017 by Laura Lam

Fraud reached record highs last year, and online shoppers took the biggest hit. According to a recent report released by Javelin Strategy & Research, in 2016 fraud increased a staggering 40% for identity card-not-present (CNP) transactions. With Americans now making 51% of purchases online, that increase in online identity theft is especially concerning. EMV chip cards have helped.  Chip cards are more secure than magnetic stripe cards during in-person transactions. Chip cards have eliminated the ability for criminals to counterfeit cards and use them in person at brick and mortar retailers, because the chips and new card readers work together to create…