Despite higher gasoline prices and slowing wage growth, consumers with school-age children are expected to dole out an average of $863.86 for back-to-school shopping this year. Total K-12 spending is projected at $43.3 billion, up 9.89% from a year ago, according to the National Retail Federation’s (NRF) annual survey report. Target launched its Circle Week savings event with an emphasis on back-to-school items. Coresight Research said it expects back-to-school spending to grow 3.3% year over year to total $33.3 billion. A report from Deloitte found that back-to-school spending is expected to remain flat at about $557 per child.