The Usual Xmas Excess


Despite the Affordability Crisis, American households will be going all out this year, spending almost $2 billion on real Christmas trees in 2024, according to an analysis by finder.com.
Here are the stats:

  • Spending on real Christmas trees will hit $1.94 billion in 2025.
  • In 2024, American households spent $1.87 billion on real trees.
  • An estimated 23.2 million real trees will be purchased at a projected median cost of $83.87.
  • The 2025 forecast of $83.87 is 5.75% higher than the average spend of $126.20 in 2025.
  • About 31.68 million fake trees will be bought at an average cost of $126.20.
  • 78% of American households will display a Christmas tree in 2025, according to the American Christmas Tree Association.
  • Americans spent about $5.57 billion on Christmas trees in 2023 and about $5.94 billion in 2024.
  • Christmas tree spending is projected to grow 6.56% in 2025 compared to 2024.

Donald Trump’s Really Especially Bad Day

In his “To the Contrary” Substack Charlie Sykes summed up Friday, Dec. 12, the worst day of Donald Trump’s second term:

“The House rejected one of his executive orders; another grand jury refused to indict Letitia James; a judge freed Kilmar Abrego Garcia and called out the Administration’s bullshit; Kristi Noem faceplanted in congressional testimony; his concept of a health care plan crashed in the Senate; and his poll numbers continued to crater.”

“But all of this was merely prologue to Trump’s humiliation by the sort of Republicans we are thought were utterly extinct.”

“Despite a vicious pressure campaign, the Republican-dominated Indiana Senate overwhelmingly rejected Trump’s demand that they gerrymander the state’s congressional map to benefit the GOP.”

“What happened yesterday — an outburst of Republican courage — was as rare as a sighting of Bigfoot, Lindsey Graham’s spine, or natural breasts at Mar-a-Lago.”

Trump’s War on the Federal Reserve Could Be His Most Damaging Economic Policy

“There are many items on President Trump’s agenda that are hurting the U.S. economy: the pointless trade wars, the socialization of the private sector, the mass deportations, and much more. … But in the long run, the most damaging policy of all might be one that’s gotten scant attention, at least from non-finance-nerds: Trump’s quest to crush the Federal Reserve. If Trump succeeds, he may doom the United States to high inflation for years, if not decades, to come.”

— Catherine Rampell