The report also says Americans will spend $6.77 billion on food for the day. In the week prior, 700 million pounds of chicken will be purchased.
Also in WalletHub's report:
• $4.4 million is the annual value of imported American flags — most of which are made in China
• The value of annual fireworks imports to the U.S., mostly made in China, is more than $324 million
• The majority of all annual fireworks injuries (67 percent) take place within a month of the July 4th holiday.