DALLAS — DFW parents are getting serious about back to school.
Parents here who were surveyed say they are planning to lay out $1,087 for school stuff. That's 78% more than the national average of $612. And it's almost twice what parents here paid for school-related items in pre-pandemic 2019.
All this information comes from Deloitte, which routinely checks in with parents on this topic.
Underscoring how much learning has changed since the pandemic began, Deloitte says a third of people in D-FW buying supplies for their children are allocating more for electronics, while half are cutting back on traditional supplies.
But some of the bloated BTS budget is because of price increases: 47% of people here who were surveyed say products are generally costing more than last year.
All the spending is also being driven by a bright outlook: 85% of the people in D-FW who were asked about the household financial situation said it's better now than a year ago.
Also, 61% of people surveyed in D-FW think the economy will improve in the next six months, much higher than the national average.
Deloitte expects K-12 back to school purchases alone could boost the local economy by $1.4 billion. If this all seems too early for you, here is some potential peer pressure: Two out of every five households here say they plan to be totally done with BTS shopping BTE (by the end) of July.
Here are the full findings from the Deloitte back to school survey:
Big spenders: D-FW parents in Deloitte survey shaking off pandemic funk, ready to shell out on back-to-school shopping
North Texans expect to spend $1,087 on their kids – the highest level in years
Locals’ K-12 school shopping budgets nearly 80% greater than national average
Why more? Push to return to classrooms, rosy economic outlook and price hikes
DALLAS - Roaring back after a blur of pandemic disruptions, North Texans are ready to shop.
Deloitte’s latest survey found that Dallas-Fort Worth area parents plan to spend an average $1,087 on back-to-school items for their children – the highest level in years and nearly 80% more than the national tally.
The D-FW comeback on K-12 school purchases is expected to deliver an economic jolt of $1.4 billion into the local economy, according to Deloitte’s survey – one of the most extensive looks at shopping habits since the state in March allowed businesses to resume full operations.
The spike in spending is almost double what parents here shelled out in 2019, before the pandemic.
Now, in what is considered the nation’s second biggest shopping season, D-FW parents are being motivated by several key factors. That includes being optimistic about the economy and needing to stock up on more tech gear for their children, many still in virtual classrooms.
For retailers, the findings provide an important guide path over the next few months – that consumers are most interested in convenience, competitive pricing and fast and free deliveries. Retailers that demonstrate their resiliency during this time will appeal to shoppers and be better positioned to capitalize on growing consumer sentiment.
Among the survey highlights:
Coming back strong
North Texans say they expect a more traditional return to the back-to-school season, and they are primed to spend more and early to ensure their children get what they need.
- DFW parents expect to spend an average $1,087, which is 78% higher than the national average of $612.
- Nearly two-thirds (64%) here say they are increasing spending because their children need more supplies and equipment than last year.
- Prices have jumped as well. About 47% say costs generally are higher compared to last year and 29% say the specific products needed by their children also are more expensive than before.
- And parents are rushing to get going, with almost 40% saying they will finish their back-to-school shopping by the end of July.
What’s driving the higher spending?
Besides locals saying they’re needing to stock up on more items, North Texans have a more favorable view of their finances and the economy than those nationally.
- In a sign the outlook here is bright, 72% say they are more confident about the U.S. economy’s prospects now than at the end last year. Confidence among those polled nationally: 55%.
- In D-FW, 85% say they have a similar or better household financial situation. Overall, 19% say they have more money than last year for back-to-school spending,
- And 61% here say they expect the economy likely will improve over the next six months, a far rosier view than respondents nationally at 45%.
Tech leading the way
Digital learning as part of the new realities of schooling is propelling spending on tech-based learning tools and electronics.
- The bulk of the local purchases will be devoted to tech, with a third of those in DFW saying they’re budgeting more for electronic gadgets, subscriptions, computers and hardware.
- Half say they’re cutting back on traditional-back to school supplies because their children are using more digital technologies in and out of the classroom.
- After tech and computer purchases comes clothing and accessories.
About the survey
The “2021 Deloitte Back-to School Survey,” conducted online using an independent research panel May 27-June 5, surveyed 400 Dallas and Fort Worth-area parents of school-aged children, with respondents having at least one child attending in grades K to 12 this fall. The survey has a margin of error of plus or minus 4.9 percentage points.
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