Americans celebrate their independence by spending big bucks on Fourth of July festivities. Most of that money is spent on food. A survey by the National Retail Federation says Americans are expected to spend more than seven billion dollars on grub for cookouts and picnics. Americans will eat about 62 million dollars worth of hot dogs and 92 million dollars of chips. The survey shows 219 million people will celebrate Independence Day. Nearly two-thirds plan on attending a cookout or picnic and 44 percent say they’ll go to a fireworks show. There are around 14-thousand fireworks displays coast to coast.