Americans are going to spend $7 billion on food over July 4 weekend

Burgers and hot dogs on a grill.
(Image credit: iStock)

Americans are expected to spend $7.1 billion on food over the Fourth of July weekend, the National Retail Federation estimates. Out of the approximately 219 million people anticipated to celebrate Independence Day, more than two-thirds will likely attend a picnic or a cookout.

Last year, Americans spent the most cash on hamburgers, buying $804 million worth of beef, per Nielsen data. Condiments were also big sellers, with $43 million spent on barbecue sauce, $37 million on ketchup, and $25 million on mustard.

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