Families Prioritize Back-to-School And College Spending Amidst Rising Inflation

Families Prioritize Back-to-School And College Spending Amidst Rising Inflation

As inflation continues to rise, one-third of consumers (38 percent) said they are cutting back on spending in other areas to cover the cost of items for the upcoming school year, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.