The National Retail Federation reported a survey that was conducted by Prosper Insights & Analytics, where those with children from grades k-12 plan to spend less this year for school supplies.  The survey found that parents expect to spend a portion of their shopping budget on supplies such as laptops and other online tools.

The average amount expected to be spent on school supplies is $630.36 this year, which is down from $669.28 from last year.  The overall spent ...