Wednesday, September 27, 2023

36% of American school spending is to buy electronic equipment

He electronic commerce it facilitates the exchange of services, the acquisition of goods and the saving of time for consumers by avoiding going to shopping malls. This is evidenced by the fact that 55% of the consumers of USA They buy their items online.

The holidays are about to end, which is synonymous with back to school. The National Retail Federation (NRF) projects that Americans will spend US$41.5 billion during the return to school in 2023, a 12.4% difference compared to US$36.9 billion in 2022 and an increase of 11.8% compared to 2021, when the amount stood at US$37.1 billion .

The data shows that the largest increase in spending for the school period occurred between 2019 and 2020, going from US$26.2 billion to US$33.9 billion, that is, a difference of US$7.7 billion. This means an interannual variation of 29.3%.

Of the US$41.5 billion, the NRF indicates that US$15.2 billion will be used for the acquisition of electronic equipment. This means 36.6% of the total. The purchase of clothing and accessories will mean an expense of US$12,000 million, US$7,800 million will be spent on shoes and US$6,500 million for school supplies.

But looking at the NRF data, each American will spend $890. In previous years it was US$864 in 2022, in 2021, US$848; 2020, $789; 2019, US$696, which shows that the expense is increasing.


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