Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

The Real Cost of Celebrating July 4th

By Lewis Braham and Nikhil Hutheesing - 2013-06-28T15:04:23Z

Photograph by ChinaFotoPress/AP Photo

Company Symbol % Change
3 of 16


The first fireworks were invented in China in the 10th century. Today some 99 percent of the fireworks Americans buy to celebrate the birth of our nation come from that country. "We have regulated the industry to death, and the since fireworks are made by hand, it is very labor intensive," explains Julie L. Heckman, executive director of the American Pyrotechnics Association. About 90 percent of the $645 million consumers spent on fireworks in 2012 was for July 4 -- some 207.5 million pounds. Among the most popular with families are the "500 gram cake," a multishot box of fireworks that lets you light only one fuse (cost ranges from about $20 to as high as $100, depending on the effects).