Retailers from Home Depot and Lowes to mom and pop operations raised their prices on trees — but people are still buying them.
Some Christmas tree growers fretted over external factors — high fuel, fertilizer and labor costs — only to rediscover that holiday greenery is largely inflation-proof, even as Americans cut back on retail spending last month.
Snow falls on Christmas trees for sale during the first snow of the holiday season on December 11, 2022 in New York City. A survey of 55 of the nation’s largest Christmas tree wholesalers indicated virtually all of them intended to raise prices, with most wholesale cost increases in the 5% to 15% range — but with some increases reaching 21% or more, according to the Real Christmas Tree Board in Howell, Michigan, which conducts marketing and research for the industry.
That suggests a tree — whether real or artificial — remains a requisite part of the holiday tradition, along with Christmas toys, cards and carols, and ugly sweaters.Americans say holiday gifts harder to afford
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