Americans Feeling Pain of Inflation as They Begin Back-to-School Shopping

Back-to-school supplies are displayed at a Target store in San Rafael, Calif., on August 03, 2020. Justin Sullivan/Getty Images

Inflation has soared in the past year, and parents are feeling the difference as they start back-to-school shopping this year.

A new Morning Consult survey found that parents expect to spend more money and are less excited about shopping for their children this year.