Back-to-School Spending to Rise, Survey Finds

PriceGrabber released results from its 2012 Back-to-School Shopping Forecast survey, showing more signs of economic recovery. The survey revealed that 63 percent of consumers plan to spend up to $500 this back-to-school shopping season (compared to 48 percent in 2011). Twenty percent of respondents plan to spend between $500 and $1,000, and 17 percent of shoppers said they don't have a back-to-school shopping budget this year.