Back-to-school spending will likely stay flat or drop as inflation persists: survey
Back-to-school spending is likely to stay flat or tick down this year as cash-strapped parents hit hard by inflation pull back on electronics purchases and prioritize value, according to a new survey. Shoppers are likely to spend $31.30 billion, or about $586 per student, in kindergarten to 12th grade, Deloitte said, citing its shopper surveys. That compares … Read more