Despite rising prices, 43% of American households plan to buy real Christmas trees, averaging $79.31. Artificial tree sales surpassed real tree sales in 2020. Prices peak after Black Friday and in early December, but discounts are common closer to Christmas. Supply issues stem from a 2008 oversupply and adverse weather, including the 2021 heat dome. The Christmas Price Index increased by 5.4%, reflecting overall inflation. High interest rates and persistent inflation are affecting holiday spending, with many consumers planning to spend less this year. Despite these challenges, the best time to buy a Christmas tree is when it brings the most joy.
zerohedge.com
zerohedge.com
