How much do Americans spend on major national holidays?
Americans love a celebration, so it's no surprise that total holiday expenditure is expected to be $228.4 billion this year. IBISWorld looked at some of the nation's biggest holidays to see how they will stack up in 2010.
By far, the largest holiday in terms of spending is Christmas, which is why retailers rely on the fourth quarter retailing season. Of the $228.4 billion (which includes spending on food, gifts and parties related to holiday events), Christmas is estimated to account for 59.2% of sales alone.
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