The Economics of Everyday Things EXTRA: Fireworks Stands
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Jul 2, 2025 
Alex Zoldan, Vice President of Phantom Fireworks, dives into the explosive world of the fireworks industry, revealing how seasonal roadside stands generate billions during just two weeks a year. He shares the logistics behind importing fireworks from China and the intense operational challenges retailers face leading up to the Fourth of July. Zoldan highlights the cultural significance of fireworks in celebrations, drawing on personal stories that underline their role in creating unforgettable family memories and enhancing community spirit.
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Massive Scale of Consumer Fireworks
- Consumer fireworks generate more revenue than professional display fireworks, around $2.2 billion annually.
- Phantom Fireworks operates nationally with thousands of stands and big-box store partnerships.
Phantom's Bootleg Origins
- Phantom Fireworks began as a bootleg operation when Alex's dad sold fireworks to neighborhood kids.
- It grew from helping pay for college to a legitimized national business.
Regulation Boosted Fireworks Growth
- Fireworks safety improved significantly after federal regulations in the 1970s.
- Consumer fireworks usage increased tenfold since 1976, reflecting higher safety and popularity.