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Setting off fireworks this 4th of July won't give you as much bang for your buck

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PHILADELPHIA - Fourth of July is fast approaching, so many people are rushing to buy their celebratory fireworks.

But just like everything else this year, the price of fireworks has skyrocketed. Those bombs bursting in air this Fourth of July holiday will cost 50% more according to the American Pyrotechnics Association.

They say that the increase is due to the shipping costs from China.John Iannelli, of West Deptford, NJ is not letting the price increase stop him from celebrating."Like everything, prices have gone up a little bit, but for the 4th of July, for America, we can spend a little money," Iannelli said.Many people are thinking the same thing as Iannelli because the increase in prices has not stopped sales at Phantom Fireworks in Upland, Pa.

where most customers were ringing up tabs over $500.MORE HEADLINES2 dead following South Philadelphia shooting, 1 victim shot more than a dozen timesSheetz drops price of some gas to $3.99 through Fourth of JulyEx-Philadelphia officer sentenced to at least 11 months for DUI crash that injured coupleMany customers spent hundreds of dollars on products like the "Bombilation" or the "Geo Magnetic Storm" for their neighborhood firework parties-- a new trend to alleviate the costs of fireworks. "This year I’ve been seeing a lot of neighborhoods getting together and actually buying a firework show together, so a bunch of different houses on the same street may put in for one big show," said Dylan Stamm of Phantom Fireworks.

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