Some States Are Offering Sales Tax Holidays for Shoppers in 2022

The economy may be cooling off, but retailers hope that back-to-school shopping remains hot. Despite the pandemic, back-to-school spending has been on the upswing.

According to the National Retail Federation’s annual survey, families with children in elementary school through high school were expected to spend $37.1 billion last year, up from $33.9 billion in 2020. That marks a record high since the survey, which measures how American families shop for clothing, supplies, and other items for the next school year, began in 2003.

With some schools just letting students out, the back-to-school projections aren’t out yet ...