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Back to School Spending Down From Last Year

by Betsey Lippmeier

back to school

 

Shoppers are planning their back-to-school budgets carefully. Many families plan to reuse items from last year and compare prices online. The National Retail Federation’s annual Back-to-School Survey finds that families with school-aged children will spend an average of $634.78 on clothes, shoes, supplies and electronics, down from $688.62 last year.

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