Parents are gearing up to spend big on back-to-school stuff, boosted by pandemic savings and the new child tax credit payments

Mother and daughter wearing face masks and looking at school supplies in a store. The daughter is wearing a blue backpack.

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As the school year approaches, some children will say goodbye to virtual learning and hello to a lot of new back-to-school clothes, shoes, and other items needed for in-person learning.

A recent Deloitte report found parents are gearing up to spend more on back-to-school shopping than in 2019, and that they are ready to start buying school supplies earlier than the back-to-school season typically begins. The report points to a possible reason why: half of respondents said they’re worried items will be out of stock.

Plus, experts say parents’ spending will be boosted by higher-than-normal details ⇒

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