Halloween is next Thursday but many Halloween themed parties will be taking place this weekend but as the economy continues to struggle, the National Retail Federation says only 158 million people will celebrate the holiday compared to a record 170 million last year.
Halloween shoppers are expected to rack up close to $6.9 billion in retail sales compared to $8 billion last year.
However, local costume and scare shops in Wichita Falls say the economy sure isn't scaring their customers away.
Wicked Andy's Scare Shop co-owner Melissa Duncan says her business is booming this time of year.
"The last two days they've been in for their last minute stuff and costumes and everything," Duncan says. "It's getting slim pickings in here. It's been that busy."
Duncan says her business has more than doubled in the last two weeks.
She says, "They're putting on together a lot of their own this year instead of just buying something off the shelf or they're adding a mask to it. They're picking everything. There's just not one thing, it's all over the board."
In addition, Pansy Brown, owner of Pansy's Costumes which closed it doors last December after 31 years, says she has decided to have a warehouse sale.
"It seems like most of my customers are getting full costumes. We have lots of masks and wigs and that sort of stuff but they're doing the full costume. They're just not coming in for pieces really," Brown says.
Brown says her business was Wichita Falls' first locally owned, year round costume shop and that people are always looking for unique costumes to wear.
She says, "Basically, most of the costumes I'm selling for the price that I rented them out before so if you rented a clown for $24 last year; this year you can buy the clown for $24."
Brown says with Halloween fast approaching, procrastinators are headed in to find creative costumes.
"Especially last minute. That makes it a little more exciting because they've got to hurry and get it done," Brown exclaims.
The National Retail Federation predicts the average person will spend just over $75 on Halloween this year.