he economy may still be floundering. But the Christmas tree business is booming. According to new study by research firm IBISWorld, Americans will spend an estimated $3.4 billion on Christmas trees this year, the highest amount since 2007. Here, a brief guide, by the numbers, to this "booming" holiday business:
Real Christmas trees Americans will buy this year, according to IBISWorld's forecast
Estimated retail cost of those trees
Artificial trees Americans will buy this holiday season
Estimated retail cost of those artificial trees
Total estimated Christmas tree spending this year
Estimated increase, in percent, from last year's Christmas tree spending
Amount Americans spent on Christmas trees in 2007
Amount Americans spent on Christmas trees in 2008, when the global financial meltdown took a huge bite out of this seasonal industry
Percent of all artificial trees that are manufactured in China
6 to 9
Number of years an average family uses an artificial tree before throwing it away
Number of years it takes, on average, to grow a typical Christmas tree
More than 100,000
People who are employed either part-time or full-time in the Christmas tree industry
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