It might be a bit of a Charlie Brown Christmas this year. The National Christmas Tree Association says there's a national shortage of trees and it could drive prices up 5 to 10%.
The issue stems from 2008 and the Great Recession when demand for trees fell, reports CNBC. That meant fewer trees were chopped down, leaving less room for planting fresh crops. It takes about 10 years for a seed to hit seven or eight feet in height. That's the ideal height for a tree to be harvested and given a slow death covered in lights and tinsel inside a house.
Also adding to the rising cost is the increased price of diesel fuel. At $2.84 per gallon, prices are $.46 higher than this time last year when 27.4 million trees were sold, according to the Association. Those trees cost an average of $74.70 per tree.