Posts Tagged ‘holiday’

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…

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. …

What to Buy in June

Posted on June 02, 2017 by Laura Lam

Warm weather, wedding season, and hurricane season all bring discounts in June. Consumers will also find continuing sales on some items that were good deals in May. Here’s a look at the best things to buy this month from Cheapism.com. Tropical Vacation – June signals the onset of hurricane season and sweltering temperatures in the Caribbean. For travelers willing to take their chances with the weather, this is the perfect time to scoop up deals on cruises and tropical vacation packages, especially for last-minute bookings. Alaskan Cruise – Mid-June marks the end of the off-season for travel to Alaska, a popular summer…

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…

Cautious Cupid: Consumers More Frugal this Valentine’s Day

Posted on February 14, 2017 by Laura Lam

After a decade-long increase, Valentine’s Day spending is expected to decline this year, according to the annual survey released today by the National Retail Federation (NRF) and Prosper Insights & Analytics.  U.S. consumers are expected to spend an average $136.57, down from last year’s record-high $146.84. Total spending is expected to reach $18.2 billion, down from $19.7 billion last year, which was also a record. “This is one day of the year when millions find a way to show their loved ones they care regardless of their budget,” said NRF President and CEO Matthew Shay.  “Retailers recognize that their customers…

What to Buy in January

Posted on January 06, 2017 by Laura Lam

Have you spent too much on Christmas presents? Are holiday gift cards burning a hole in your pocket? Either way, frugal shoppers will find plenty of bargains in January, although some things should be put on the “wait” list.  Here are this month’s steals and deals from Cheapism.com. BUY: CHRISTMAS/HOLIDAY ITEMS – Prices on holiday-themed goods take a dive immediately after Christmas and continue to fall throughout January. By early in the month, prices should be at least half off, albeit on a dwindling selection. Still, it’s worth stocking up on holiday wrapping paper, ornaments, cards, and the like to…

Ways to Give Back This Holiday Season

Posted on December 23, 2016 by Laura Lam

During the holiday season, words like “values”, “impact”, and “empathy” feel especially relevant. People across the economic spectrum feel drawn to giving back to their communities and the causes that matter to them. But during this busy time of year, translating good intentions into action can feel overwhelming.  How can we really make a difference? A Desai Foundation study found that people were not sure how to give, when to give, or how much to give. The “giving” phenomenon is often wrapped up in monetary donations and recognition, but we forget that giving is really about service. And we can all…

2016 Holiday Tipping Guide

Posted on December 16, 2016 by Laura Lam

The holiday season is traditionally the time Americans choose to thank those who provide them with year-round services. It’s important to remember that holiday tipping is truly about saying thank you. With a little creativity you can accommodate everyone on your list this year without blowing your budget. Here are some things to consider when you’re deciding how to thank people, whom you will spend money on, and how much you will spend: Your budget: You shouldn’t feel obligated to go beyond your personal budget. If your budget does not allow for tips, consider homemade gifts; and if you’re not…

The Cost of the ’12 Days of Christmas’ in 2016

Posted on December 13, 2016 by Laura Lam

Have you ever wondered how much each of those gifts mentioned in tune would cost your true love?  PNC released its annual Christmas Price Index and it showed that prices for items from the Christmas carol “The 12 Days of Christmas” rose by 0.7% from last year. That’s slightly up from the 0.6% pace in 2015. The cost of everything on the list, from the partridge to the drummers, totaled $34,363.49, an increase of a few hundred dollars from last year. But as the carol goes, all of the gifts except the drummers are counted multiple times, bringing the cost up to…