Back-to-School spending to dip 6% amid economic worries, Deloitte forecasts

Deloitte expects U.S. back-to-school spending to decline ~6% this year (inflation-adjusted) as consumer sentiment weakens amid rising economic uncertainty. The report signals softer discretionary demand heading into the school season, though it is based on survey expectations rather than reported earnings.

Analysis

Deloitte expects U.S. back-to-school spending to decline ~6% this year (inflation-adjusted) as consumer sentiment weakens amid rising economic uncertainty. The report signals softer discretionary demand heading into the school season, though it is based on survey expectations rather than reported earnings.