Economists: Back-to-school shopping will be 'very, very expensive'
The National Retail Federation estimates "families with children in elementary through high school plan to spend an average of $864 on school items."
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The National Retail Federation estimates "families with children in elementary through high school plan to spend an average of $864 on school items."
The American Farm Bureau Federation estimates the cost of a Fourth of July cookout this year is up 17% compared to last year.
The president's call for a federal gas tax holiday is facing opposition, even from members of his own party.
The COVID pandemic is just one of the factors that has impacted people's decisions about whether to have children.
The U.S. inflation rate is now up to 8.5%. Food is up especially meat, which economists estimate has increased 12-13% since last year.