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MarketWatch Top Storiesmarkets

These 16 states are offering tax-free shopping days as back-to-school costs soar to over $800 per student

MarketWatch Top Stories
Thursday, July 23, 2026 at 9:15 PM
~4 min read
Inflation

Original Report

As inflation continues to squeeze household budgets, parents and students are on a mission to find back-to-school bargains.

Glass House Analysis

Inflation is the silent tax that erodes purchasing power, hitting hardest those who can least afford it. When grocery bills rise faster than wages, families face impossible choices between food, medicine, and rent. Unlike market volatility that mainly affects investors, inflation touches everyone who buys groceries, fills a gas tank, or pays rent.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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