Why are kids’ toys so expensive?
The cost of toys in the U.S. is expected to reach $2.4 trillion this year, according to a report from the Federal Trade Commission, and that number will likely rise to $3 trillion by 2019.
The report found that the cost of children’s toys, which include toys like action figures, molds, action figures dolls and miniatures, is $400 billion.
For the most part, the cost has been on the rise since 2015.
According to the report, toys from 2013 through 2020 totaled $5.6 billion, while toys from 2020 through 2024 totaled $9.3 billion.
The cost per toy rose more than 10% between 2015 and 2019.
Toys that are sold for less than $100 are cheaper, but the difference is less than one percent, the report said.
Some of the toys on sale now cost less than the price of a new Ford Focus or Mercedes-Benz GLC, for example.
Toys from 2013 and 2016 are the cheapest, according the report.
The most expensive toys on the market are from the 1980s, the 1990s and the 2000s, which were when toys were expensive but the toys were still relatively new, the FTC said.
For children’s products, it’s important to pay attention to the price tags on toys, the agency said.
“If a toy is $5, then it’s worth $10,” said Lisa Hulbert, senior director of consumer advocacy and communications at the nonprofit Consumers Union.
“That means if you want a toy to be $4, it should be $5.”
While some parents may be willing to spend $10 on a new toy, others may be more concerned about their child’s health, Hulbertsaid.
“Some parents want to have their child as healthy as possible.
But others want to protect their child from any potential health issues that might arise.”
The FTC also pointed out that children’s health is a bigger concern than their ability to play with toys.
For example, a study published last year found that more than 20 million children under age 3 are exposed to lead, which can lead to ADHD.
A 2016 study by the Centers for Disease Control and Prevention found that children are at higher risk for a range of health problems, including low birth weight, high blood pressure and diabetes.
In the U-Haul truck business, the company says that it does not recommend that parents purchase new toys for their children.
The company said it uses a variety of measures to help ensure that all of its truck childrens toys are safe and in compliance with the Toy Safety Standard.