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Live Christmas Tree Supply Tight

Christmas tree lot
Don Graham/Flickr

There's a tight supply of Christmas trees this holiday season.
The tight market is rooted in an oversupply followed by the Great Recession that caused many growers to leave the business. Now the supply is tight. But industry officials say there's no cause for panic buying.

Tim O'Connor from the National Christmas Tree Association says most people will find what they want, but prices could be a bit higher than last year's average retail price of about $75.

The association says U.S. consumers are expected to buy about 27 million live trees about the same as the last two years.

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