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- $41.5 billionFor the 2022-2023 K-12 school year, households in the US are expected to spend an average of $864, which is nearly 2% higher than the $849 spent in 20211. Back-to-school spending is estimated to reach $41.5 billion, surpassing the previous high of $37.1 billion in 20212. Families with children in elementary through high school plan to spend an average of $890.07 on back-to-school items, a new high3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.In another measure of back-to-school spending, the National Retail Federation estimates households will spend an average of $864 for the 2022-2023 K-12 school year, up nearly 2% over the $849 spent in 2021, according to a survey of 7,830 consumers, conducted by the federation and market data company Prosper Insights & Analytics.www.usatoday.com/story/money/shopping/2022/08…Back-to-school spending was expected to reach an unparalleled $41.5 billion, up from $36.9 billion in 2022 and the previous high of $37.1 billion in 2021. Back-to-college spending was expected to hit $94 billion, about $20 billion more than 2022’s record.nrf.com/insights/holiday-and-seasonal-trends/back …Families with children in elementary through high school plan to spend an average of $890.07 on back-to-school items this year, approximately $25 more than last year’s record of $864.35 and a new high.nrf.com/media-center/press-releases/back-class-sh…
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WEBAug 25, 2022 · Back-to-school spending is expected to be up 8% this year, about $661 for the average child. Inflation is a contributing factor, experts say.
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Back-to-school shopping will average $661 per student this
WEBThat’s according to Deloitte’s 2022 back-to-school survey, which finds parents plan to spend $661 per child, on average, for back-to-school shopping this year, up 8% from 2021 and …
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Back-to-Class Shopping Expected to Reach Record Levels
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