Americans Will Spend $8 Billion On Halloween This Year [INFOGRAPHIC]

Neha Prakash
October 28, 2012
Americans Will Spend $8 Billion On Halloween This Year [INFOGRAPHIC]

Cauldrons? Check. Pumpkins? Check. Candy, ghosts and goblins? Check, check, check.

Oct. 31 isn't only about tricks and treats -- it's about stimulating the economy. With 170 million Americans participating in Halloween festivities, there's a lot of cash being spent on ghoulish items.

[More from Mashable: Treat Yourself to 21 Halloween Desserts From Pinterest]

Personal finance forum WiseBread looked into Halloween spending, and found that from 2007 to 2012, Americans shelled out an average of $28.65 on costumes. What's more, they spent $370 million costumes for pets within those five years. (For some, though, it's worth seeing their pooch dressed as a giraffe.)

Interestingly, people are turning to social media more often to get ideas for the perfect Halloween getup. Pinterest is a popular source of ideas for All Hallows' Eve, with 4.2% consulting the online pinboard, while 2.8% are logging on Twitter to get inspiration for costumes.

[More from Mashable: Scared Twitless: Write Us a Spooky Story in 140 Characters … Or Else]

SEE ALSO: Treat Yourself to 21 Halloween Desserts From Pinterest

Check out the infographic below to see more stats on the spookiest night of the year.

How much did you spend on Halloween this year? Tell us in the comments below.

BONUS: 15 Unbelievable Halloween Makeup Tutorials on YouTube

1. Emily from The Corpse Bride

Make sure you walk around with your eyes closed, or this costume will become even more creepy.

Click here to view this gallery.

This story originally published on Mashable here.