Here's how much people will spend on Fourth of July cookouts this year

Independence Day arrives next Saturday, and if a barbecue is a good economic gauge, the economy’s a little better this year. The National Retail Federation’s annual Independence Day survey of consumers says 64.4 percent of Americans are planning to either host a cookout, or attend one. Spending on Fourth of July cookout food will average $71.23 per household, up from $68.18 last year. The NRF says total spending on food items for the holiday is estimated to reach $6.6 billion. Fewer than half…
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