The data points: Nearly 3 in 4 back-to-school shoppers expect to spend the same or more this fall, and more than 1 in 3 parents anticipate spending more than they did in 2024, per a PwC consumer survey.
This suggests that even as consumers brace for higher prices—a consistent finding across University of Michigan and Conference Board surveys—demand remains resilient.
Seeking value: While many expect to spend more, a significant share of shoppers are actively looking for ways to save.
Among those planning to cut back, technology and clothing are the most common categories on the chopping block.
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