Merry Christmas
12/24/2013 | | Christmas tree price inflation, cost of a christmas tree, econ70, Economic forecasting, economist on radio, economist on TV, eisenberg and economics, Eisenberg and housing economics, Eisenberg and public speaking, Elliot eisenberg, funniest economist, funny housing economist, Graphsandlaughs, graphsandlaughs and eisenberg, housing sales, MLS, mortgage banking, Multiple listing service, politics and economics, Public speaking economist, real vs fake christtmas trees
In 2012, 24.5 million natural Christmas trees were purchased while 10.9 million manufactured trees were bought. The average price was $40.30 for a natural tree and $72.50 for plastic ones. Christmas tree sales hit a peak of 31.3 million natural trees and 17.4 million manufactured trees in 2007 and have been generally declining since. Between 2010 and 2012, natural Christmas tree prices rose by 11.7% — manufactured trees by 12.2%.