Consumers Feel Budget Pinch As Back-To-School Looms
- by Robert Williams , July 19, 2024
Many U.S. households are feeling the pressure of incomes that haven’t kept up with inflation, which this year has fallen from the 40-year high of 2022. Spending plans for the back-to-school season reflect that uneasiness.
Parents surveyed plan to spend $586 a child on school items this season, down $11 …
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