Americans’ Super Bowl spending to rise despite inflation worries

MT HANNACH
6 Min Read
Disclosure: This website may contain affiliate links, which means I may earn a commission if you click on the link and make a purchase. I only recommend products or services that I personally use and believe will add value to my readers. Your support is appreciated!

Americans are preparing for the Super bowl To launch Sunday, and although expenses in festivities linked to the big game are up, more fans want to bring it back than wanting to spend more, a new report found.

A Lendingtree study revealed that 75% of Americans said they are connecting to the Super Bowl, but that of those who plan to look at almost a third party, or 31%, say they will spend less for the festivities of the festivities Super bowl that last year – well above the 19% who say they will spend more. Half of the Americans say that their expenses will be the same as last year.

Americans who plan Spend on Super Bowl festivities Expect to spend $ 142 on average, an increase of 22% compared to $ 116 a year ago. The best items they plan to spend include food and drinks, as well as fans equipment.

“Even if more people say they will spend less, the average amount for people who will spend was quite considerably increasing,” Fox Business Matt Schulz, chief analyst in Lendingtree, told Fox Business. “You talk about $ 25, which will not change the lives of most people, but it is nothing either when you talk about meeting a football match with friends.”

Food offers abound for the Super Bowl: which channels offer

Jalen hurts and Patrick Mahomes

Jalen Hurts (on the left) of the Eagles of Philadelphia and Patrick Mahomes (right) of the Chiefs of Kansas City are on stage next to the Vince Lombardi trophy during the Super Bowl Lix Opening Night in Caesars Superdome on February 3, 2025, -Orleans, Louisia (Images Kevin Sabitus / Getty / Getty Images)

“It is a fairly large fracture there and, again, I just think that you can look back and blame so many things on inflation and high prices and high interest rates and all this, And I think that is another of these cases most likely, “Schulz said.

The report noted that 41% of the super bowl observers say they will place games related to the game, including 66% of the Zers generation, 59% of parents with young children, 56% of millennials and 51% of men. Most predict to place smaller bets, with only 41% planning to bet $ 100 or more and a similar number of numbers, they will use a credit card To place their bets.

“Admittedly, as we have seen from the pandemic, sometimes people like to spend more on what they want to spend to compensate how stressful he was a year or crazy things,” said Schulz.

During the Super Bowl Lix, the fans will eat an amazing amount of chicken wings

Saquon Barkley Hurdle Return

Philadelphia, Pennsylvania – November 03: Saquon Barkley # 26 of the Eagles of Philadelphia Inverted Hides on Jarrian Jones # 22 of the Jacksonville Jaguars in the second trimester in Lincoln Financial Field on November 03, 2024 in Philadelphie, Pennsylv (Elsa / Getty Images / Getty Images)

Lendingtree’s results are a separate study by the America Bank The Institute has shown that spectacle spending spectators have reached a record level in 2024.

The study by Bank of America Market Landscape Insights revealed that consumers spend an average of $ 1,122 for sports per year – a figure that includes everything, from participation in games to buy sports equipment.

Battle of Super Bowl Lix: the chiefs and the eagles are both evaluated by billions

Travis Kelce, Taylor Swift

Travis Kelce of the Chiefs of Kansas City famous with Taylor Swift after a 17-10 victory against the Baltimore Ravens in the AFC championship match at M&T Bank Stadium on January 28, 2024 in Baltimore, Maryland. (Photo by Patrick Smith / Getty Images / Getty Images)

Bank of America’s report has dived on the local economic impact of live sporting events By examining the Super Bowl LVIII last year in Las Vegas, which prompted the retail to spend 8% higher compared to the rest of the month.

Super Bowl Lix Aira on Fox this Sunday, February 9 at 6.30 p.m. in the east. The game is played in New Orleans, Louisiana.

Get Fox Affairs on the move by clicking here

The Chiefs of Kansas City – led by Patrick Mahomes and Travis Kelce – will seek to make the story while they are pursuing a third consecutive title of the Super Bowl.

They will face the Eagles of Philadelphia, while Jalen Hurts and Saquon Barkley seek to end the Chiefs.

Share This Article
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *