Cheap Gas Drives Back-To-School Shopping Spike

03:43

July 26, 2016

Thanks to cheap gas prices, this back-to-school shopping season is shaping up to be the best in years. (The Wizard/Flickr)

As summer draws to a close, students and their families stock up on notebooks, pencils, pens, and all the essentials to start the new school year. Thanks to cheap gas prices, this back-to-school shopping season is shaping up to be the best in years.

The National Retail Federation expects sales for school-related shopping to jump by about 10 percent compared with 2015. NPR’s Marilyn Geewax speaks with Here & Now's Meghna Chakrabarti about this spike in consumer spending.

Guest

Marilyn Geewax, NPR senior business editor. She tweets @geewaxnpr.

This segment aired on July 26, 2016.