STOCK TITAN

Fourth of July 2020: Missouri, Mississippi, Ohio, Alabama and South Carolina Top States for Firework use

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Negative)
Tags
Rhea-AI Summary

A ValuePenguin.com study reveals that the United States spent approximately $319.3 million on fireworks, with Missouri, Mississippi, Ohio, Alabama, and South Carolina leading in expenditures. Missouri alone spent $51.1 million, representing $8.34 per capita. The study highlights that 96% of fireworks are imported from China. Additionally, July 4th sees a significant surge in firework-related injuries, accounting for 26.2% of annual incidents, with children under 20 being most affected. Experts advise adherence to safety guidelines amidst increased home celebrations due to COVID-19.

Positive
  • Total U.S. fireworks expenditure of $319.3 million indicates strong consumer demand.
  • Missouri leads state expenditures, spending $51.1 million, suggesting robust market activity.
Negative
  • Surge in firework-related injuries on July 4th, with a 538% increase compared to July 3rd, raises safety concerns.
  • COVID-19 may lead to increased home fireworks use, potentially causing more injuries and damages.

NEW YORK, June 30, 2020 /PRNewswire/ -- A new ValuePenguin.com study has found that the United States spent about $319,270,828 on fireworks in total, with Missouri, Mississippi, Ohio, Alabama and South Carolina topping the nation for fireworks consumption. With July 4th nearly upon us, here are the key findings:

  • Which States Spend the Most on Fireworks?  Missouri, Mississippi, Ohio, Alabama and South Carolina spent between $51.1 Million to $18.9 Million on fireworks. On a per capita basis, Missouri, Alabama, Kansas, Wyoming and South Carolina topped the nation for firework use.
  • Most Fireworks Come from China: The United States imports most of its fireworks from China, which accounted for nearly 96% of all imports. The next highest import values come from Spain, Hong Kong and Thailand.
  • Fireworks Injuries Surge on July 4th: 26.2% of all annual firework-related injuries and ER visits occur on July 4th. On average, injuries increase by 538% on July 4th compared to July 3rd. July 5th also sees a surge in firework-related Injuries and ER visits.
  • Children and Men Get Injured More Often: 42% of firework-related injuries on July 4th happen to Americans under the age of 20. Children under ten make up 32% of fireworks injuries. Males are also more likely to be hurt than women, making up 57% of Fourth of July injuries.
  • Fireworks Safety Is Crucial in 2020: With the current COVID-19 outbreak and cancellations of local firework shows, millions of Americans will experiment more with doing their own backyard fireworks displays. This could lead to a drastic increase in injuries and damages for the 2020 holiday.

According to Sterling Price, Research Analyst at ValuePenguin.com, "American families should follow the Consumer Product Safety Commission's guidelines for safe fireworks use to minimize injuries, and it's also important that families take a cautious approach to getting together to minimize the spread of COVID-19." He adds, "Reviewing your health and home insurance is another important precaution - if families know what is covered and what isn't, they'll be more cautious about exposing themselves to risk and financial loss."

ValuePenguin.com analysts obtained Firework imports and exports data from the U.S. trade census. U.S. population values were obtained from the U.S. Census Bureau's 2019 population estimates in order to calculate per capita dollar amounts. Data from the Consumer Product Safety Commission's National Electronic Injury Surveillance System (CPSC-NEISS) was used to identify fireworks injury trends surrounding the Fourth of July. To view the full report, visit: https://www.valuepenguin.com/who-uses-most-fireworks-united-states

Which States Spend the Most on Fireworks?

State

Imported value of
Fireworks

Value of imported
fireworks per capita

Missouri

$51,088,748

$8.34

Mississippi

$42,258,550

$0.76

Ohio

$30,444,688

$2.60

Alabama

$28,353,392

$5.80

South Carolina

$18,913,998

$3.72

California

$17,732,810

$0.45

Texas

$17,436,532

$0.61

Florida

$16,688,898

$0.78

Kansas

$16,099,349

$5.53

Pennsylvania

$15,842,819

$1.24

Indiana

$14,470,363

$2.16

Washington

$10,587,756

$1.41

Tennessee

$8,806,261

$1.30

Wisconsin

$7,936,230

$1.37

Michigan

$7,810,634

$0.78

Nevada

$7,366,040

$2.43

Nebraska

$6,648,462

$3.45

Utah

$3,149,085

$1.00

Illinois

$3,097,163

$0.24

Arkansas

$3,007,191

$1.00

About ValuePenguin.com: ValuePenguin.com, part of LendingTree (NASDAQ: TREE), is a personal finance website that conducts in-depth research and provides objective analysis to help guide consumers to the best financial decisions. ValuePenguin focuses on value, assessing whether the return of a particular decision is worth the cost or risk of that option, and how this stacks up with the other possible choices they may have. For more information, please visit www.valuepenguin.com, like our Facebook page or follow us on Twitter @ValuePenguin.

Media Contact:
Divya Sangam (Ms.)
646 693 8445
Divya@valuepenguin.com

"Cision" View original content to download multimedia:http://www.prnewswire.com/news-releases/fourth-of-july-2020-missouri-mississippi-ohio-alabama-and-south-carolina-top-states-for-firework-use-301085329.html

SOURCE ValuePenguin.com

FAQ

What was the total spending on fireworks in the U.S. for 2020?

The United States spent approximately $319.3 million on fireworks in 2020.

Which states spent the most on fireworks in 2020?

Missouri, Mississippi, Ohio, Alabama, and South Carolina topped the list for fireworks consumption.

What percentage of fireworks in the U.S. are imported from China?

About 96% of fireworks imported into the U.S. come from China.

How much did Missouri spend on fireworks in 2020?

Missouri spent approximately $51.1 million on fireworks.

What is the increase in firework-related injuries on July 4th compared to July 3rd?

Injuries on July 4th increase by 538% compared to July 3rd.

LendingTree, Inc.

NASDAQ:TREE

TREE Rankings

TREE Latest News

TREE Stock Data

568.55M
13.36M
17.97%
71.47%
1.52%
Financial Conglomerates
Loan Brokers
Link
United States of America
CHARLOTTE