Kate Middleton and Prince William’s baby is due any day now. When he or she arrives, the royal baby is expected to bring happiness not just to the family, but to the struggling British economy.
The newborn could bring in $380 million to the economy, according to an estimate by the Center for Retail Research in England.
The economic bump is expected to come from festivities full of food, Champagne, and wine to celebrate the birth, commemorative souvenirs and toys to mark the big day, and baby products for copy-cat British parents.
The royal baby will become the first Prince or Princess of Cambridge, the Palace said Monday.