Celebrations foster numerous entrepreneurial enterprises here in the United states of america and undoubtedly, abroad as well. Within the program of this write-up, we will look at some of the businesses that are rooted within the ubiquitous special event.
Perhaps chief amongst the enterprises that surround festivities are those associated to food and drink, for what is actually a celebration without meals and something refreshing to wash it down.
Let’s begin our exploration with Thanksgiving, a special event impossible without meals! There’s but one primary course that springs to mind for that Thanksgiving meal and that is turkey. Turkey production in the United says of america reached 263 million birds in 2004 having a ready to cook typical weight of 20.7 pounds. In 2005, turkey production was valued at just beneath $3.2 billion. By 2006, it had reached $3.55 billion. Not a bad business to become in and rooted within the Thanksgiving special event.
What’s Thanksgiving without pumpkin pie? The American public seems to be saying, not much! Illinois alone produced 457 million pounds. And cranberry sauce is a should, as evidenced by the 649 million pounds produced in 2005. Now look out for this, sweet potatoes, also a traditional favorite, saw production in 2004 reach 1.6 billion pounds, and yes, I stated billion!
Now I can’t say with certainty that all the turkeys, sweet potatoes, cranberries and pumpkins are consumed for Thanksgiving. A fair share of these are destined for the Christmas vacation table, but the point I am making is that substantial industry has grown out of this annual celebration we call Thanksgiving.
Then comes Xmas! Of program Christmas festivities consume its fair share of the previously mentioned foods but additionally, there’s eggnog, apple cider, walnuts, pecans and fruitcakes.
Other enterprises unique to the Xmas special event are Xmas trees (genuine and artificial), garlands, wreaths, decorative lights, wrapping paper, ribbon, bows, greeting cards, toys together with a selection of gifts that range across the whole spectrum of consumer goods. Actually, in the United says of america, it’s only Christmas consumer spending that has the possible to bring retailers into the black in terms of profits. Weak client Christmas investing has bankrupted many a retailer!
The Superbowl, a uniquely American invention, ranks as the third largest “celebration” in America. It has become, because its inception in 1967, an American institution. The Superbowl is not only a sports spectacular, but also a money-generating machine of astounding proportions. The nationally televised Superbowl of 1967 generated $42,500 for a 30-second commercial place. By 1995, the average 30-second place price $1 million and by 2000, exceeded $2 million. In 2008 the same commercial place had arrived at $2.7 million and 2010 witnessed the cost of a 30-second place soar to $3 million plus! With 67 such spots obtainable, that’s a whopping $200 million plus in advertising income for that network with the winning bid to have exclusive coverage from the game.
The Superbowl had 97.5 million viewers last year, drinking beer, consuming chips along with a selection of other snack foods for the nearly three hour duration of the recreation and creating income aplenty for brewers and the snack food industry.
Clearly, celebrations have a significant role in driving the economy of the united states of America!
Joshua Georgette is a writer for Skylighter which sells wedding sparklers, fire lantern and punk sticks as well as a variety of other items.