US spending on Christmas trees to reach record-high since 2008

Source: Bloomberg

Expenditure on buying Christmas trees in US will surge 3.1% this year, the record high since recession in 2008, said IBISWorld. Americans are planning to paid about $800 m for 25 m real trees and another $2.6 bn on 10 m non-natural trees during the Christmas time, predicts IBISWorld. Americans spent $3.14 bn to purchase Christmas trees in 2008.

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