Consumers spend over $20 billion school supply shopping

Consumer spending on school supplies
School supplies

AUSTIN, TEXAS (KXAN/WNCN) — Consumers are expected to spend an estimated $25 billion on school supplies this year.

This number comes from the National Retail Federation’s insight center, which tracks the back-to-school shopping spending trends.

The amount consumers are spending on school supplies has decreased since the spike in 2012 where the total reached over $30 billion.

Over 20 percent of people are planning on spending more than they did last year. While the majority of people expect to spend the same amount they did the previous year.

The WNCN reported that adults spend more on supplies for college courses with an average of $900 for books; compared to the $600 families spend on younger students.

Most families are planning on taking advantage of online supply buying options this year, according to WNCN.

To see the full statistics you can visit the Nation Retail Federation website.

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