Candy is recession-proof

Posted In: News

29 Sep 2009

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With our horrible economy, people have cut back on their spending, be it for houses, cars, or clothes. But what about candy? According to store owners, candy manufacturers, and food industry analysts, candy and chocolate sales are still going strong. The Hershey Company had second quarter earnings that were 71 percent more than a year ago. Of course, this is largely due to the sales arising from all my candy purchases. Just kidding. I would think people still buy candy despite the current economic state because candy itself is relatively inexpensive. They’re at the checkout counters at plenty of stores, and it’s just too tempting to say no to a $0.50 candy bar. Plus, chocolates increase the level of endorphins in the brain, so it’s easy, even if for just a few moments, to decrease the stress the economy brings by stuffing your face with a delicious bar of chocolate.

In the United states alone, candy sales are expected to rise by 3.4 percent from last year. Even so, I really do hope everyone continues to buy tons and tons of candy this Halloween for all the cute, adorable trick-or-treaters.

Source: SFGate

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