YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Back-to-school spending expected to break records

Posted online

A recent survey from the National Retail Federal found families plan to spend record amounts on back-to-school shopping this year.

K-12 families are expected to spent $696.70, above the previous record of $687.72 set in 2017.

Families of college students are predicted to spend an average of $976.78. The record of $969.88 also was set in 2017.

“Consumers are in a strong position given the nation’s growing economy, and we see this reflected in what they say they will spend on back-to-class items this year,” said Matthew Shay, president and CEO of the NRF.

Read more from Fox Business.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: The Quilted Cow

A franchise store of a Branson West-based quilting business made its Queen City debut; Grateful Vase launched in Lebanon; and Branson entertainment venue The Social Birdy had its grand opening.

Most Read
SBJ.net Poll
Update cookies preferences