Americans are expected to spend about $1B on beer this weekend

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With the July 4 holiday falling on a Saturday this year, the amount of barbecue’s is expected to skyrocket.

According to CNBC, Americans food and retails sales will be about $6.6 billion dollars.

Between buns, potato salad, beans and more, the average household will spend about $71.23 dollars on food, up about $5 dollars from last year.

For several industries, the holiday brings a huge spike in sales.

“July Fourth is huge for us,” said Bob Morrissey, executive director of National Watermelon Association.

“It’s the single biggest weekend for hot dog sales,” said Eric Mittenthal, vice president of public affairs at the National Hot Dog and Sausage Council.

Beef prices are up from last year, which may mean fewer hamburgers at your picnic.

But chicken and beer prices have gone down just slightly.