Halloween

Halloween is a fun annual celebration observed in many countries on October 31 every year. On this day, people (mostly children) go trick-or-treating, attend costume parties, carve pumpkins into jack-o-lanterns, visit haunted attractions, play pranks, tell scary stories, and watch horror movies. It allows people’s imagination to come to life and enables them to have fun pretending to be someone else, even if it is just for a single day. It is second only to Christmas in terms of spending on decorations. In the United States, consumers spend $1.96 billion on life-size skeletons, fake [Page 840]cobwebs, mantle pieces, and other decorations. Additionally, $2.08 million is spent on candy and $360 million on greeting cards. The number of consumers buying sweet treats for Halloween (95 percent) ...