Back-to-College Spending Slightly Down

Parents and college students will spend an average of $808.71 this year on back-to-college items, down 3% from $835.73 last year, according to the 2011 Back-to-School survey from the National Retail Federation (NRF) and BIGresearch. The survey also found 45.8% of students and their parents will buy electronics, the lowest level since 2005.
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