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July 24, 2015

spending on back to school down by 6% , lowest since 2011



" back to school spending crashes by 6%"

Families with children in grades K-12 will spend an average of $630 this back-to-school (BTS) and the top 3 items on which  Families will spend the most would be 
1) apparel and clothes 
2)school and stationery  supplies 
3)electronics and gadgets
spending on back to school is down by about 6% from last year and the lowest average since 2011, according to the NRF 
Total BTS spending is expected to be slightly less than $25 billion, representing a decline of roughly 6% from last year’s estimated $26.5 billion.