Consumers will spend a total of $519 per student this year compared to $510 in 2018, with clothing and accessories remaining the largest component of the budget at $15.0 billion out of the $27.8 billion in total spending, according to a survey conducted by Deloitte. Some 97% of all consumers expect to spend on apparel and accessories and 98% expect to spend on school supplies while 22% will spend on electronic gadgets and 20% expects to spend on computers and hardware.

There were relatively few changes on the apparel and accessories front, with the one noticeable shift in spending likely to ... Log in to view full article.