Fewer Americans will host cookouts this Independence Day. Here's why
About 86% of Americans said they plan to celebrate the holiday this year.
About 86% of Americans said they plan to celebrate the holiday this year.
About 86% of Americans said they plan to celebrate the holiday this year.
Fewer Americans will host a barbecue, cookout, picnic or other food-related event this Independence Day, according to an annual survey done by the .
Last year, 66% of Americans planned on hosting food-related events, but this year, that number dropped to 61%.
Some of this shift may be due to the uncertainty around rising costs, causing consumers to pull back on pricier aspects of the holiday, said Katherine Cullen, vice president of industry and consumer insights at NRF.
On average, consumers will spend $92.44 on food items for the holiday, slightly up from last year.
The NRF’s annual survey polled about 8,000 adults on their Fourth of July spending plans and celebration expectations.
The decrease in planned food-related events is reducing the total amount that celebrants will spend this year.
In total, consumers will spend $8.9 billion on food items for July 4, a 5.3% decline from last year. It's now the second consecutive year total spending for the holiday took a dip.
But even with food prices rising, the holiday still remains popular.
About 86% of Americans said they plan to celebrate the holiday this year, making it the second most popular holiday, behind the winter holidays, said Cullen.