Retailers from Home Depot and Lowes to mom-and-pop operations raised their prices on trees — but people are still buying them.
Some Christmas tree growers fretted over external factors — high fuel, fertilizer and labor costs — only to rediscover that holiday greenery is largely inflation-proof, even as Americans cut back on retail spending last month.
A survey of 55 of the nation’s largest Christmas tree wholesalers indicated virtually all of them intended to raise prices, with most wholesale cost increases in the 5% to 15% range — but with some increases reaching 21% or more, according to the Real Christmas Tree Board in Howell, Michigan, which conducts marketing and research for the industry.
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