Fun Facts About 4th of July Celebrations
I’m paying a little extra tribute to the red, white, and blue as we prepare for the upcoming 4th of July celebrations! Just a few fun financial facts about this beloved tribute to our country’s independence from England.
First up, hot dogs which are likely to be on almost everyone’s menu this day! The tradition of eating hot dogs on the 4th of July allegedly began way back in 1916 when “four immigrants gathered at the very first Nathan’s Famous hot dog stand in Coney Island. As the story goes, they were competing to see who was the most patriotic.” https://nathansfranks.sfdbrands.com/en-us/articles/hot-dog-eating-contest/hdec-fun-facts/ However, it wasn’t until 1972 that the annual hot dog-eating contest was first recorded. Today there’s big money to be won. The grand winner takes home $10,000 with incrementally smaller prizes going to the other contestants. The total prize pool is a whopping $40,000! Roughly 150 million hot dogs are sold annually on the 4th of July.
Beer is the beverage most consumed with hot dogs and there’s a whole lot of it sold on 4th of July. In fact, American spend $1 billion on beer to celebrate this holiday. And for those who have a more sophisticated palate, there’s $600 million spent!
Fireworks bring the 4th of July holiday to a colorful, noisy end. Sales of fireworks for 4th of July celebrations reach the $1 Billion dollar mark. This includes everything from small sparklers to major fireworks displays.
The 4th of July holiday boosts the finances of many individuals and businesses, while the rest of us enjoy the fun festivities. I hope you and your family have a safe and happy 4th of July this year.
You can find a few more fun facts about the holiday here: https://www.moneyunder30.com/money-facts-about-the-fourth-of-july