Back to School – Already!!?
Every 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!