To counteract a spooky economy, America prepares to spend on Halloween candy

This Halloween, the fright isn’t just at the haunted house. Rising prices for everything from groceries to gas are driving many consumers to cut back.

“I’m walking to save a little bit of money,” said Lakisha Reardon, a legal assistant. “I’m bringing in my own lunch.”

Reardon said she has especially seen her electric bill spike this year. She said she is paying an extra $150 every month.

“I’m ready to invest in candles,” she said.

But one thing she won’t give up? Halloween candy.

Average prices for chewing gum and candy have soared 8.1% over the last year, according to the Bureau of Labor Statistics.

Despite the higher prices, Americans are still buying treats.

“I remember being a little kid and being super excited when I would get Reese’s Cups,” said Abby Mynatt, a college student who lives in Knoxville, Tennessee. “I want to give that to some other children.”

Mynatt, 21, said she usually spends around $50 for Halloween candy. She is expecting to shell out a bit more money this year despite financial pressures.

“I certainly think there are a little more tense things with my budget right now,” she said. “But I still think that certain…

Original source: https://www.nbcnews.com/business