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Topic: deloitte

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Economy
Thursday, 7/9, 04:37 AM

US Back-to-School Spending Is Set to Fall About 6%, as Worry Rises

  • American families plan to spend about 6% less per child on back-to-school shopping this year, after inflation, a Deloitte survey finds, with total outlay near $30 billion.
  • The pullback, alongside the highest economic pessimism since 2020 and tariff-driven early buying, is a useful read on a cautious US consumer heading into the second half.

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