Americans will reportedly drink $1 billion worth of beer for 4th of July. Yea...$1 BILLION. That's a lot of beer. If we count wine we'll actually drink what would equate to $1.6 billion. Here are some more 4th of July stats from CNBC:
On this year’s 243rd anniversary of the adoption of the U.S. Declaration of Independence, American adults will spend about $1 billion on beer alone – that’s roughly the same amount that is spent on fireworks, the majority of which are imported from China.
In fact, the Fourth of July is one of the country’s top drinking holidays, with roughly $1.6 billion spent together on beer and wine, according to a report by WalletHub.
In total, Americans will spend $6.7 billion on hot dogs, hamburgers and other picnic provisions, according to a separate report by the National Retail Federation, down from $6.94 billion last year. (Americans are expected to eat 150 million hot dogs just on July 4, according to the National Hot Dog and Sausage Council.)
All in, that comes out to about $73 per person, the NRF found, a number that has declined slightly in recent years.
That is so much food and drink. See the full study from WalletHub HERE!