[Interesting Data Points] “Back-to-school” Season in 2020

August 23, 2020

A very insightful article in this weekend’s Barron’s financial magazine presents some interesting statistics related to U.S. K-12 education and the economy.  Specifically, these data points are interesting:

  1. “There are 56 million K-12 students in the United States.”
  2. “Back-to-school is second only to the holiday season for retailers, representing about 15% of annual sales for department and specialty stores”
  3. In 2019, back-to-school spending totaled $26.2 billion
  4. Extended school closures “could cost the economy $700 billion in lost revenue and productivity”

Four stocks, briefly presented in the article, are listed below along with additional data points.

Source:
​https://www.barrons.com/articles/the-next-big-test-for-the-economy-getting-america-back-to-school-51598044647