Back to school spending is expected to increase by 26% year over year in the U.S. according to the National Retail Federation. Purchases of laptops for homeschooling are expected to surge. Retailers appear to expect a downturn in purchasing of kids shoes and clothes with imports in June down by 48.3% and 48.2% year over year respectively. Shipments of laptops on the other hand may have climbed by 30.0% year over year in June. U.S. seaborne imports linked to Dell have led the way with a 112% year over year jump in June, followed by a 24.0% rise in HP Inc. related shipments after both incr...
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