U.S. Families Expect to Spend Nearly $1,000 on Back-to-School Shopping

A recent report reveals that U.S. families anticipate spending nearly $1,000 on average for back-to-school shopping this year. This marks a projected increase of around 10% compared to last year, totaling approximately $43.3 billion in spending. This trend reflects the ongoing economic pressures families face as they prepare for the new school year.