Each year around the Fourth of July, Americans spend billions of dollars on fireworks. The growth in this category has been steady and striking:

        Year                   U.S. Consumer Fireworks Spending

        2000                                                            $407 million                

        2010                                                            $649 million           

        2020                                                               $1.0 billion                       

        2023                                                               $2.2 billion               

        2024                                                           $2.3+ billion                   

Some context behind these numbers:

• Fireworks spending has more than quintupled since 2000.
• Over 75% of fireworks sold in the U.S. are imported from China.
• According to the American Pyrotechnics Association, over 246 million pounds of fireworks were used in 2023, up from 102 million pounds in 2000.
• 8,000+ full-time jobs in the U.S. are tied to the fireworks industry, not including thousands of seasonal roles.
• July 4th-related spending across food, travel, and entertainment will exceed $9.5 billion this year, according to the National Retail Federation.

While short-lived, fireworks offer an annual snapshot of American consumer behavior, experience-driven, seasonal, and resilient despite inflationary pressure.

Wishing you and your family a safe and meaningful 4th of July.

Best,

Craig