Due to inflation, back-to-school buying shall be dearer this 12 months than final 12 months.
In line with the Nationwide Retail Federation, 38% of shoppers say they’re reducing again in different spending areas to cowl the price of their back-to-school buying.
Paul Oster, a finance knowledgeable and credit score restore specialist, joined Rocco Vertuccio on NY1 Saturday morning to debate the economic system and the way inflation impacts youngsters returning to the classroom.