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Americans’ Super Bowl expenses are rising despite inflationary concerns ncvrs.com

Americans are preparing to start the Super Bowl on Sunday, and as they move to the big game -related celebrations, more fans want to call back than spend more than spending more – a new report found.

LendingTree’s study found that 75% of Americans said they were integrated into the Super Bowl, but for those who plan almost one -third, or 31%, say they would spend less on Super Bowl celebrations than last year . It exceeds 19% who say they spend more. Half of the Americans say their release is the same last year.

Americans who plan to spend on Super Bowl celebrations are expected to spend an average of $ 142, which increases by 22% compared to $ 116 a year ago. The most popular items they plan to spend on food and drinks, as well as the fan equipment.

“Despite the fact that more people say they will spend less, the average amount for people has grown quite significantly,” said Matt Schulz, the main loan analyst at LendingTree, for Fox Business. “You’re talking about $ 25 that won’t change the lives of most people, but it’s nothing when you just talk about getting a football game with friends.”

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“This is a very significant division there, and again I think you can look back and blame a lot of things to inflation and high prices, as well as high interest rates, and I think it’s another case that is probably probably, probably said Schulz.

The report noted that 41% of Super Bowl Watchers claim that they will make the game -related bets, including 66% of Gen Zers, 59% of small children, 56% of millennia and men 51%. Most are planning to accommodate smaller bets, with only 41% receiving $ 100 and making a similar number of reports that they will use a credit card to accommodate the bets.

“Of course, as we have seen since the epidemic, sometimes people just like spending more on what they want to spend to make up for how stressful in a year or crazy things,” Schulz said.

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LendingTree’s findings A special study by Bank of America Institute has shown that Americans’ expenditures on Spectator Sports have reached all time in 2024.

The Bank of America Market Landscape Insights studied that consumers spend an average of $ 1.122 on the sport every year – this number includes the game, from the participation of games to the purchase of athletics.

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The Bank of America report was made to the local economic effects of live sporting events by reviewing last year’s Super Bowl LVIII in Las Vegas, which pushed retail spending 8% higher than the rest of the month.

The Super Bowl LIX will be on Sunday 9 February at 6:30 pm and east at 6:30 pm. The game is played in New Orleans, Louisiana.

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