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Christmas Tree Prices Loonie This Year

Weak dollar and rising energy costs have hit the city’s Christmas tree industry hard:

Christmas trees cost up to 30 percent more than they did last year at Manhattan’s sidewalk tree vendors. “It is the perfect storm; everything is closing in on us at once,” says Scott Lechner, owner of the Manhattan-based Christmas Co., which has three stands. One popular tree variety is the Fraser fir, but it’s grown in the Southeast, where a record-setting drought has cut into available supplies. The main alternative is the Balsam fir, most of which are trucked to New York from Canada. The surging value of the Canadian dollar makes those trees more expensive, and higher oil prices make it cost more both to transport the trees from Canada and run the generators that power their sidewalk stands.

Posted: December 10th, 2007 | Filed under: Consumer Issues
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