The economic pinch of back-to-school

The Daily Briefing

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Mon Aug 25 2025

The economic pinch of back-to-school

Back-to-school shoppers are worried about the economy and tariffs and starting their shopping early. According to the National Retrail Foundation, the average K-12 shopper is budgeting $858 this year on average per student. Some are so anxious they started shopping weeks before classes started (while summer camp hasn't even been paid off for some families). Many families are pulling back on new-for-school stuff altogether, but some shoppers may be able to save some money on their back-to-school shopping if their state has a sales-tax holiday. Seventeen states have designated times in July and August when certain items can be purchased tax-free. See if yours is one.

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