business news in context, analysis with attitude

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• The National Retail Federation (NRF) is out with a prediction that "total spending for Halloween is expected to reach $8.4 billion, an all-time high in the survey’s history. U.S. consumers are expected to spend an average of $82.93, up from last year’s $74.34, with more than 171 million Americans planning to partake in Halloween festivities this year."

That's a lot of money to spend on a holiday designed to scare you. Though, come to think of it, it'll probably pale compared to the amount of money a lot of people will be spending about a week later just on alcohol for an even scarier day. Election Day. When many of us will be drinking heavily.
KC's View: