Green Economics

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You gotta spend green to get green, baby! Here are some interesting St. Patrick’s Day facts reported by Bloomberg:

  • Adult Americans will spend $4.5 billion today, an average of $38.94 per person. Compare that with Halloween ($6.9 billion) and Valentine’s Day ($17.6 billion).
  • Brewers will make $245 million from beer sales today1 - one percent of the annual U.S. total.
  • New York will receive $250 million in tax revenue from today’s festivities.
  • Chicago will spend $10,000 on security and cleanup for their downtown parade.
  • Two private citizens paid $9,000 for New York to paint a green line down Fifth Avenue. Meanwhile, a radio station in Chicago spent $1,500 to dye the river green.
  • One million North Americans will travel to Ireland this year, spending a total of nearly $1 billion.
  • The emotional cost of forgetting to wear green is immeasurable2.

  1. I did my part and contributed to the cause. ↩︎

  2. Okay, I added that one, but my wife pinches with pure brutality. ↩︎