Consumers Maintain Solid Spending Habits, Setting Record Back-to-School Sales

SalesMoney Matters
Written By Jennifer Joslyn

🛍️ Consumers Maintain Solid Spending Habits, Setting Record Back-to-School Sales.

A report from the National Retail Federation (NRF) reveals that consumers remain on solid footing despite the cooling economy, with retail sales in June showing positive growth. Back-to-school and college spending is expected to reach new records, driven by consumers seeking the best value and deals. Online sales, health and personal care stores, and electronics and appliance stores saw significant year-over-year growth, while the overall retail sales in June increased by 0.2% from May and 1.5% from the previous year.

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Jennifer Joslyn
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