Prices of Christmas trees are the latest to skyrocket in Biden’s economy.
Data from the National Christmas Tree Association and the American Christmas Tree Association revealed that the cost of Christmas trees has increased 10% from 2022.
Artificial trees have reportedly gone up the most, starting at around $85 and going up to nearly $1000.
“According to our 2023 survey, 52 percent of artificial Christmas tree owners purchased their tree for under $200, and 27 percent paid $200 to $400,” Jami Warner, executive director of the ACTA, said.
“For artificial Christmas trees, costs vary depending on the producer, retailer, size, shape, and features such as pre-lit options.”
“We are encouraged to see that consumer demand for all types of Christmas trees remains high in 2023,” Warner said. “Artificial, live, small, tall, flocked, you name it – there’s no such thing as a bad Christmas tree, and there is no better way to bring cheer to the Christmas season than by celebrating with a Christmas tree.”
Warner added that in 2023, companies are seeing “many consumers—especially those concerned about inflation—purchasing their décor well before the typical shopping seasons of November and December.”
A recent analysis from the Heritage Foundation showed that inflation is currently at a 40-year high with little evidence of improvement.
“When Biden took office, inflation was below the Federal Reserve’s two percent target, with prices rising a mere 1.4 percent over the prior 12 months,” the analysis reads.
