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Friday, November 24, 2017
Thursday, November 23, 2017
Total costs for the Macy's parade average between $11.6 million and $13.4 million
Annual costs for parade float supplies, float decorations, property taxes and staff salaries total $2.7 million to $4.5 million. The sheer magnitude of the Macy's parade is overwhelming, and so are the assets associated with the event.
Macy's also has its own studio space and a massive supply of costumes to prepare for the parade. Those assets are worth $8.9 million. Combine the parade's total annual expenses with its total assets and the price tag reaches $10.4 million to $12.3 million.