LANSING, Mich. (Michigan News Source) – Parents are feeling the pinch at the cash register as they shop for their children’s back-to-school supplies amid record-high inflation.
A recent back-to-school survey from Deloitte shows parents expect to pay 8 percent more this year, which marks the second largest spending event for families.
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A National Retail Federation study also found parents expect to spend more this year and are cutting back in other areas to get what their kids need.
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