Did you know that the New England Confectionery Company manufactures eight billion Sweethearts Conversation Hearts each year? Time NewsFeed examines a variety of Valentine\’s Day stats in this article.
Candy isn\’t just for Valentines Day. Per capita, Americans consumed 24.7 pounds of candy in 2010, according to U.S. Census Bureau statistics.
According to the National Retail Federation’s Valentine’s Day Consumer Intentions & Actions Survey (no, we did not make up that name), Valentine\’s Day is very good for the ecomony. In fact, the average person celebrating Valentine\’s Day will shell out $126.03, up 8.5 percent from last year’s $116.21 and the highest in the survey’s 10-year history. Total spending for the holiday is expected to reach $17.6 billion, with $1.5 billion of that spent on candy.
Chocolate lovers may be interested to know that, according to U.S. Census Bureau reports, there were 1,177 U.S. manufacturing establishments that produced chocolate and cocoa products in 2009, employing 34,252 people.
Whether you are eating or making candy today, happy Valentine\’s Day!