Households in the US are anticipated to spend extra on back-to-school procuring this yr than final, based on current analysis from the Nationwide Retail Federation (NRF).
The report was primarily based on NRF spend information from earlier years in addition to information from a survey of seven,660 customers performed in early July 2019.
Households with youngsters in elementary college via highschool say they plan to spend $697, on common, on back-to-school gadgets in 2019, up from $689 final yr.
Households with faculty college students say they plan to spend $977, on common, on again to highschool gadgets in 2019, up from $942 final yr.
Regardless of increased common spend per household, whole back-to-school spend within the US is predicted to say no from $82.eight billion in 2018 to $80.7 billion this yr. The lower is as a result of fewer college students will attend college and faculty in 2019 than final yr.
Try the interactive infographic under for extra insights from the analysis. (Be affected person, it would take a while to load.)
Concerning the analysis: The report was primarily based on NRF information from earlier years in addition to information from a survey of seven,660 customers performed in early July of this yr.