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Planet Money Understands Market Forces at a Christmas Tree Auction: Planet Money : NPR

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Planet Money Understands Market Forces at a Christmas Tree Auction: Planet Money : NPR

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Nick Fountain peddles Fraser firs in Brooklyn.

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Robert Smith/NPR


Nick Fountain peddles Fraser firs in Brooklyn.

Robert Smith/NPR

*Note: This episode originally aired in 2020*

‘Tis the season when Americans go out in droves to buy freshly cut Christmas trees to take home. But the decorative evergreen doesn’t just appear out of thin air on a corner lot, waiting to find a spot in your living room. There are an interesting series of steps that determine exactly how much a Christmas tree sells and how much it costs.

Today on the show, we visit the world’s largest Christmas tree auction — and then see just how green New Yorkers are willing to pay for some greenery. This is the story of a snowy Christmas dream meeting the harsh reality of supply and demand. We have market theory, a thousand dollars in cash, and a “decent truck”… and anything can happen.

The episode was produced by James Sneed, edited by Bryant Urdstat, and designed by Gilly Moon. Alex Goldmark is the executive producer for Planet Money.

Subscribe to Planet Money+ to help support Planet Money and get bonus episodes In Apple Podcasts or plus.npr.org/planetmoney.

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music: “Our Holiday Romance“”Bells and Beats,” and”The Story of a Tree“”.

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