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Spooky Savings Facts

Spooky Savings Facts Infographic. Described below

CIT Bank’s Halloween survey measured saving and spending trends across the U.S. Survey results include the following: The majority of US consumers are willing to cut corners on Halloween spending to keep their savings plans on track. 60% are willing to reuse a costume, 45% would make their own decorations, and 25% would skip the candy. Here are the top categories for Halloween spending in 2018. 60% plan to purchase holiday décor, 90% plan to purchase candy, and of that 90%, 40% will spend between $11 and $25, and 20% will spend between $26 and $50. The three states expected to spend the most on Halloween are California (31%), New York(14%) and Massachusetts (8%). Only 12% of U.S. consumers say they save for Halloween. To learn how to establish a smart savings strategy and better prepare for Halloween-related expenses, visit Copyright 2018 CIT Group Inc. All rights reserved. The survey was conducted online within the United States by Survey Monkey on behalf of CIT between Oct. 1-5 2018 among 1,404 U.S. adults ages 18 and older. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated.

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