Americans expected to spend more this year on back-to-school shopping
Summary
Americans plan to spend more money on back-to-school shopping this year. Higher prices due to inflation are causing total spending to increase compared to previous years.Key Facts
- Inflation has raised the cost of goods, including school supplies and clothing.
- Families expect to spend more on back-to-school items in 2024.
- CBS Mornings shared tips to help shoppers save money.
- Finding deals is important for managing increased costs.
- The trend reflects broader economic changes affecting everyday expenses.
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