The Recession-Proof Fireworks Industry

The Recession-Proof Fireworks Industry

Moneybox
A blog about business and economics.
July 3 2012 12:23 PM

The Recession-Proof Fireworks Industry

147540249
Fireworks in Kiev

Photo by SERGEY POLEZHAKA/AFP/GettyImages

The American Pyrotechnics Association is proud to tell you that 1998-2011 have been great years for the U.S. fireworks industry (PDF), with even the Great Recession doing little to dent America's enthusiam for explosions:

1341332611585

Unfortunately even if we round up to $1 billion in total annual fireworks sales, that still adds up to  less than 0.001% of America's GDP.

Matthew Yglesias is the executive editor of Vox and author of The Rent Is Too Damn High.

  Slate Plus
Politics
May 22 2015 11:14 AM What Happened at Slate This Week? Assistant interactives editor Andrew Kahn on the best of Slate, from the history of slavery to Mad Men.
  Health & Science
Science
May 22 2015 1:14 PM Raindrops Are Mathematically Impossible Discover why every drop of rain is a minor mathematical miracle.