• Hello! Welcome to RED LANTERN fireworks

Red Lantern FireworksRed Lantern FireworksRed Lantern FireworksRed Lantern Fireworks

  • Home
  • Company
  • New Product
  • Celebration
  • Exhibition
  • Policies & Shipping
    • Policies
    • Shipping
  • Forum
  • Home
  • Policies & Shipping Policies
  • Fireworks inflation means less bang for your buck this Fourth of July

Fireworks inflation means less bang for your buck this Fourth of July

Published by Red Lantern Fireworks at July 11, 2022   Total View : 149

It might go without saying that with inflation chugging along at above 8% by some measures, this year’s Fourth of July barbecue is turning out to be more expensive than last year’s.

Prices have also increased for the evening’s climax: the fireworks. As you can imagine, this is go time for the fireworks industry.

“There is no Fifth of July in our business,” said Bill Weimer, vice president at Phantom Fireworks, which has stores in 15 states.

He said that 90% of his sales occur in the month leading up to Independence Day; the rest mostly center around New Year’s and Diwali, which is celebrated mainly by the people of India. This year, the product is more expensive.

“We’re not unlike most businesses,” Weimer said. “We’ve had inflation hit us. So our prices are up 20%, 25%, 30%.”

And that’s mostly down to shipping. Most fireworks come from China, and Weimer said shipping costs have quadrupled. That’s on top of the premium the industry already pays because its products are explosives.

Inflation is also affecting local fireworks shows, per Michael Cartolano at Pyrotecnico, a fireworks display company. Those can cost anywhere from $10,000 to whatever you’re willing to spend.

“This is a bad phrase, but I’ll say the sky’s the limit,” Cartolano said, adding that towns are trimming costs by shortening shows. A 25-minute display might become 20 minutes.

But price increases aren’t putting too big a dent in the industry, said Steve Houser, president of the National Fireworks Association.

Cities that canceled public shows for the past couple of years because of COVID-19 are eager to bring back the tradition. And during that time, consumer fireworks sales got a boost.

“A lot of people were like, ‘Well, I can’t go to the city show, so I’m going to try fireworks in my backyard,’” Houser said.

He also thinks that, with the price of gasoline where it is, people figure that if they’re going to stay home on the Fourth, they may as well go all out.

Share
17

Related posts

March 3, 2023

Notice of Fireworks Production Suspension


Read more

Leave a Reply Cancel reply

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

Register|Lost your password?

Search

LIKE US

Categories

  • Company News
  • Exhibition Activities
  • Fans Show
  • Festival Celebration
  • Knowledge Popularization
  • New Product
  • Policies
  • Policies & Shipping
  • Shipping
  • Technology
  • Uncategorized

SUBSCRIBE FOR
NEWSLETTER

Subscribe Red Lantern Fireworks, Keep up with fresh information.

Loading

RECENT COMMENTS

  • December 26, 2022

    Rose Honaker commented on How to Attach Electric Matches to Visco Fuse

  • November 30, 2022

    Rose Honaker commented on Red Lantern Fireworks Vintage Product

Recent forum posts

admin
RL4017 Cobra Product Displayby admin2 days ago
admin
RL4017 Cobra Product Displayby admin2 days ago
admin
Fireworks Industry Tips - Safety …by admin2 weeks ago

TAGS

25 shots fireworks 500 Gram Cakes 500G Cakes 2021 new year AFSL Arizona Fireworks Assortment Assortment Fireworks beihai port Canton Fair CIIE Compound Batteries Display Fireworks EU F1 Fireworks EU fireworks European Fireworks F1 Fireworks fireworks fireworks cakes fireworks display Fireworks Industry fireworks safety Fireworks Shipment fireworks shipping Fireworks Show Fireworks Transportation fireworks work Gatlin Halloween Happy New Year Jellyfish Fireworks July Fourth Fireworks Lantern Festival liuyang fireworks Merry Christmas Mid-Autumn Festival Netherlands Fireworks New European Fireworks New Fireworks New Year NFA Novelties Novelties Fireworks red lantern fireworks Top 10 Fireworks

Red Lantern Fireworks – Top Fireworks Supplier

Red Lantern Brand since 1969 and is specialized in manufacturing and exporting of fireworks & firecrackers. Red Lantern FIREWORKS deal with all kind of consumer and professional fireworks, we exported to Europe, United State, Mid&south America, Asia and Africa, more than 35 countries. Customers all have good comments on our products and service, our trademark ACME, Red Lantern, Morfun is also recognized by the world.

INFORMATION

About Us

Contact Us

Recent posts

  • 0
    RL4017 Cobra Product Display
    March 20, 2023
  • 0
    RL4118 Hammer Smash Product Display
    March 16, 2023
© 2020. RED LANTERN fireworks. All Rights Reserved