Americans Predicted to Spend Over $9 Billion on the Fourth of July According to collected data, Americans are expected to spend around $9.8 billion on Independence Day festivities this year. An estimated $1.6 billion will be spent on beer and wine, with $1 billion to be spent on beer alone. A predicted $1 billion will also be spent on fireworks, with 90% of all firework imports coming from China. In terms of food, Americans will spend a total of $6.7 billion on hamburgers, hot dogs and other barbecue provisions. In 2017, Americans spent $804 million on beef, $371 million on chicken and $218 million on pork. Americans eat an average of 150 million hot dogs on the 4th of July each year. Finally, $5.4 million worth of American flags will be imported into the country, most of which are made in China.
