Inflation hits back to school shopping in Minnesota Twin Cities
Inflation hits back-to-school shopping in Minnesota - Axios Twin CitiesLog InLog InAxios Twin Cities is an Axios company.
Inflation hits back-to-school shopping in Minnesota
Illustration: Brendan Lynch/Axios Back-to-school shopping is expected to squeeze families' budgets even more than usual this year. The big picture: Families and teachers across the nation are bracing for bigger bills for everything from backpacks to tech products as inflation drives up prices on consumer goods, .More than half of those back-to-school shoppers are concerned about the costs, found. Zoom in: Minnesota parents are expected to spend $700 per child on back-to-school clothes and supplies this year, per the survey. That's up 3% from last year, and it's 6% higher than this year's national average of $661. Driving the spending: Tech products. Deloitte's survey found parents of school-age children expect to fork over $474 on gadgets like computers, smartphones and tablets for their kids.Apparel ($343) and actual school supplies ($131) account for much of the rest of the bill. Yes, and: Minnesota families are projected to spend about $80 on "COVID-19-related items," a category that includes everything from hand sanitizer to furniture for remote learning. Situational awareness: The bulk of the shopping will take place this month, Deloitte found. That makes sense given that the first day of school for many families is fast approaching.Minneapolis, St. Paul, and Anoka-Hennepin students all return to the classroom Sept. 6. Give back: Axios' Torey Van Oot recently asked Twitter followers for recommendations for local organizations that provide assistance to families who can't afford new backpacks and other essentials.If donating is in your budget, you can . Get more local stories in your inbox with .Subscribe Support local journalism by becoming a member.
More Twin Cities stories
No stories could be found Get a free daily digest of the most important news in your backyard with Axios Twin Cities.Subscribe Support local journalism by becoming a member.
Share:
0 comments
Comments (0)
Leave a Comment
No comments yet. Be the first to comment!
Inflation hits back to school shopping in Minnesota Twin Cities | Trend Now | Trend Now