Surging school supply costs affect families as new school year approaches
CBSN
As families prepare to head into a new school year, rising school supply costs due to inflation are affecting their wallets. According to the National Retail Federation, more than a third of U.S. families said they're reducing spending in other areas in order to cover school supply costs this year.
"It's hard because a lot of the companies have increased their prices alone in this calendar year five times," Kelly Zawisza, who owns a school supply store, told CBS News correspondent Adriana Diaz. "What's happening is through the pandemic, they shut down a lot of the mills so now there's a shortage."
Zawisza said this year has been the most expensive back-to-school season she's seen for both parents and teachers.
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