Back-To-School Shopping 40% More Expensive
Inflation has made back-to-school shopping a lot more expensive for most families. According to the National Retail Federal (NRF), families will spend an average of 40% more on back-to-school items compared to the fall of 2019.
An article in FOXBusiness listed the biggest price hikes. Stationary (21.8% higher), furniture (21.1% higher), and shoes (9.9% higher). A total of $37 billion will be spent on back-to-school shopping this year. How did you approach back-to-school shopping this year? Did you make any changes to account for inflation?
Carolina Panthers Ticket Prices Have One Of Highest Increases In NFL
Prices on everything are increasing. And tickets are no different. It may be the off-season for football but demand (and prices) for NFL games are starting to top pre-pandemic levels. As a result, The Action Network has done the math in order to rank which fans’ tickets have increased the most since 2006. And well Carolina Panthers’ ticket prices are closer to the top of that list than the bottom. The Panthers now have the 10th most expensive ticket cost. This is a lot, considering we don’t have a new stadium, and well the last couple of years have been dismal on the field.
Despite inflation being at an all-time high, demand for live sports is rising steadily. Sports attendance is usually “unresponsive to price changes”. But if you look at the increases over the last 15 years, well it’s rough. 7 teams saw the cost to attend their games increase by over 100%. And all but 6 saw at least a 50% price hike.
Below is a ranking of NFL teams from the highest percentage change of average ticket price between 2006 to the lowest. Where did the Carolina Panthers ticket prices rank on this list? We weren’t over 100% but still near the top. If you regularly attend games do you agree with this study?
Read the full methodology and get more info here
Country 103.7’s funniest guy in town is none other than Rob Tanner with Tanner in the Morning! Rob Tanner has been the host of WSOC-FM's Tanner in the Morning Show in Charlotte, NC for 20 years. The show was named the 2018 ACM Major Market Personalities of the Year. He is well-versed in all topics in country music. Tanner also is a sports junkie who writes about any Carolina sports team, and he and his wife Missy spend most of their down exploring theme parks. He writes Disney insider content.