National Retail Federation survey: People may spend less money on back-to-school items

A new survey conducted by the National Retail Federation suggests that people may be spending less money this year on back-to-school school supplies.

A new survey conducted by the National Retail Federation suggests that people may be spending less money this year on back-to-school school supplies. (8/3/13)

NORWALK - A new survey conducted by the National Retail Federation suggests that people may be spending less money this year on back-to-school school supplies.

The group says that because back-to-school spending on apparel, supplies and electronics was so high last year, almost $700 per family, they are likely to spend around $50 less this year.

The survey also said that back-to-school shoppers like to head out early to take advantage of fresh inventory options and initial markdowns. The biggest portion of their budgets will go toward new clothes and accessories.

advertisement | advertise on News 12

Trending Video

Max Antoine, 33, was shot and killed early 1 Family urges Stamford man's killer to surrender to police
A Stamford man has been accused of burglarizing 2 Man arrested after breaking into Greenwich business
Jury selection begins Tuesday for a wrongful death 3 Jury selection to begin in lawsuit against city of Stamford
One person has been pronounced dead after an 4 Police: 1 person killed in Bridgeport shooting
This week's Real Possibilities report takes a look 5 Real Possibilities: Depression and anxiety in seniors

advertisement | advertise on News 12

Features

Focus on Connecticut Focus on Connecticut

Features local, state and federal officials discussing the issues around southwestern Connecticut.

Celebrates African-American culture in southwestern Connecticut. Our Lives

Celebrates African-American culture in southwestern Connecticut.

Each week News 12 Connecticut introduces you to Hometown Hero

News 12 highlights people who give to the community.

We spotlight a local team each week. Connecticut Team of the Week

Each week News 12 Connecticut highlights a team from a local school.

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE