Parents Anticipate Spending Nearly $900 Per Child on Back-to-School Shopping
A GMA/Ipsos poll reveals that U.S. parents expect to spend an average of $885 per child on back-to-school shopping this year. The survey indicates that 68% of parents believe prices for school-related items have increased compared to last year. Despite noticing higher prices, only 40% of parents plan to spend more, while 46% expect to spend the same amount. The poll highlights demographic differences, with lower-income and younger parents more likely to increase their spending. The survey also notes variations in spending expectations based on political affiliation.