TMIB Blog

Back to School – Already!!?

Posted on: 08-5-2013

teacher w studentEvery year, it seems like “back-to-school” sales are advertised earlier and earlier (much to the horror of our kids).

Retailers are eager to make big sales in the weeks leading up to the first day of school, and they have reason to celebrate – the month of August is one of the most profitable months for certain products. Below, Tegner-Miller Insurance Brokers has posted some surprising figures about the back-to-school shopping craze, courtesy of the US Census Bureau:

  • $7.7 Billion
    The amount spent at family clothing stores in August 2011. This includes over 28,000 shops nationwide.
  • $2.4 Billion
    The amount spent on books in August 2011.
  • Over 25%
    The percentage of Americans over the age of 3 who are enrolled in some type of school.
  • 79 million
    The number of Americans attending school in 2010.
  • $8,000
    The average difference in annual salaries between those who finished high school and those who did not.

Tegner-Miller hopes your children have a great 2013- 2014 school year!

The information provided in our blogs are very brief overviews that do not provide complete descriptions of any coverage described nor do they list all of the important factors one should evaluate before deciding on a policy. Please speak to your broker at TMIB about your specific insurance needs and for more detailed information about types of coverage.