Well, it’s that time of year again. Time to get ready to go back to school. I’ve got so much shopping to get done and really all I want to do is sit by the pool and enjoy the summer.
Luckily, my state has a tax-free shopping day next week.
Ever wonder how much we spend on Back-to-School?
Back-to-School Shopping costs $7.2 billion family clothing stores alone. Bookstores in last year took in $2.5 billion according to Monthly Retail Trade and Food Services.
How much will I spend this year?
They say that clothing is the biggest expenditure. A National Retail Federation study of 2010 anticipated consumer trends for back-to-school items shows the average American family will spend $606 on clothes, shoes, supplies and electronics, which is up from the average of $548 spent last year