Insight Report 3 minutes PremiumTotal US Back-to-School and Back-to-College Spending Forecast to Decline Slightly this Year Coresight Research July 13, 2018 Executive Summary Total back-to-school and back-to-college spending is expected to decline by 1% to $82.8 billion, from $83.6 billion last year, according to a survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. On the other hand, back-to-college spending is expected to increase by 2% to a record $55.3 billion, according to the survey. Back-to-school shoppers plan to spend $684.79 per family, slightly below last year’s figure, and the top-three categories are clothing ($236.90), electronics such as computers, calculators or phones ($187.10) and shoes ($138.66). This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: US Apparel and Beauty Spending Tracker: January 2023 Clothing and Footwear Spending Shows Continued Strong GrowthAugust 2023 Leading Indicators of US Retail Sales: Consumer Sentiment Falls Month Over Month Amid Inflation ResurgenceFlipkart Big Billion Days 2023: Wrap-Up—Value, Technology and Convenience Take the LeadWeinswig’s Weekly: Understanding the Scale and Demographics of Cross-Channel Shopping
