"It's a good thing for Walmart and grocery stores," Jim Sullivan, an economics professor at the University of Notre Dame, told
."The retail sectors where middle- and lower-income families spend money are likely to benefit some from this." she's planning to use some of the money from the child tax credit on school supplies. Fresh EBT, an app to track food stamp balances, found users also plan to spend some of the payments on back-to-school items, as reported byAccording to Deloitte's back-to-school surveys, spending for both college and K-12 will be larger this year.
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