![]() ![]() What’s more, farmers use long-term strategies to account for short-term weather disruptions. Some good news: The supply of real trees should be broadly in line with last year, said Marsha Gray, executive director of the Real Christmas Tree Board.Īlthough there have been reports of extreme weather affecting tree crops, the Christmas-tree industry is big and farms are scattered, Gray told MarketWatch. In addition to the potential increase in wholesale prices, other costs including transportation, rent, utilities and labor could further push up the cost of trees this year, Balsam Brands’ Harman said. “Of course, prices vary based on location and type of tree,” Tim O’Connor, executive director of the National Christmas Tree Association, told MarketWatch. “‘The real-Christmas-tree industry is bigger than any one farm, retailer or region - and we’ve never run out of trees.’ ” - Marsha Gray, executive director of the Real Christmas Tree Board market share in total - said their costs had increased compared with last year. ![]() All 55 growers polled in August by the Real Christmas Tree Board - which covers about two-thirds of the U.S. Real trees are likely to get more expensive due to increasing costs for things such as fertilizer and labor. Here’s how to secure a (nice) tree this Christmas: If you’re buying a real tree, it will cost you A bad-looking or half-dead tree or, worse, no tree at all, he said, would be a “really scary signal to your kids, because such a part of tradition.” ![]() “Maybe they’re going to have fewer presents,” Harman said. While Americans say they are trying to cheat inflation this year by buying more practical gifts for loved ones or cutting down on their gift-giving altogether, consumer demand for Christmas trees remains strong, industry experts said.Įven if Americans cut back on other items, it’s likely that they will keep the traditional tree, Mac Harman, CEO of Balsam Brands, a holiday and home-decor retailer that owns the artificial-tree seller Balsam Hills, told MarketWatch. They are also hunting for bargains: 58% of consumers said sales and promotions are more important to them than they were last year, according to the holiday-season survey by the National Retail Federation. “Even if Americans cut back on other items, it’s likely that they will keep the Christmas tree. ![]()
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