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It's July 4th Weekend. Let's Spend $7 Billion On Burgers And Beer.

The annual feast commemorating freedom, summer, and the invention of light beer is also a big day for the food business.

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Every Independence Day weekend, Americans prepare a feast to commemorate our country, our freedom, the invention of light beer, and the gift of long summer days. But mostly, it's a feast. Americans will spend an estimated $7.1 billion on food during the holiday weekend, retailers expect.

It's "one of the biggest food holidays of the year," a Wal-Mart spokesperson told BuzzFeed News.

The most consumed food: burgers, according to NPD. Last year, Americans bought $804 million worth of beef leading up to the holiday and $371 million worth of chicken, Nielsen data shows.

Another new alternative to beer: hard seltzer, which Nielsen said rakes in $60 million annually in sales and is growing.

Instagram: @spikedseltzer


Venessa Wong is a business reporter for BuzzFeed News and is based in New York. Wong covers the food industry.

Contact Venessa Wong at venessa.wong@buzzfeed.com.

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