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Economic Commentary

Podcast: What impact is back-to-school spending having on the consumer?

August 18, 2023
By Kathy Bostjancic
A globe on a surface.

Key Takeaways:

Nationwide’s Chief Economist Kathy Bostjancic and Senior Economist Ben Ayers provide their outlook for back-to-school spending and the overall state of the consumer.

  • How are back-to-school costs shaping up this year?
  • How does this fit within the broader consumer spending narrative?
  • Can consumers spend their way to an economic soft landing?

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Sources/Disclosure

  • The information provided by Nationwide Economics is general in nature and not intended as investment or economic advice, or a recommendation to buy or sell any security or adopt any investment strategy.

    Additionally, it does not take into account any specific investment objectives, tax and financial condition or particular needs of any specific person. The economic and market forecasts reflect our opinion as of the date of this report and are subject to change without notice. These forecasts show a broad range of possible outcomes. Because they are subject to high levels of uncertainty, they will not reflect actual performance. We obtained certain information from sources deemed reliable, but we do not guarantee its accuracy, completeness or fairness.

    Nationwide and the Nationwide N and Eagle are service marks of Nationwide Mutual Insurance Company. © 2023 Nationwide

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