Increases in School Instructional Spending Are Largest in Six Years

New proprietary school expenditure research from MDR shows U.S. K-12 public schools increased instructional spending by a remarkable 9% in the 2013-2014 school year. This dramatic increase pumped an additional $964 million into the school materials market compared to the prior year’s baseline spending on All Instructional Materials (AIM), an MDR data measure.

MDR EdNET Insight and Research Senior Director, Kathleen Brantley, noted that “AIM spending saw a significant drop in the years following the 2008 economic downturn. Between 2008 and 2013, U.S. public school spending on instructional materials decreased by $2 billion. Increased expenditures for the 2013-2014 year represent the first upturn in many years.”

“We know from experience with our own business as well as our clients’ that the market has been bouncing back,” said Steve Gatland, Vice President of Sales at MDR. “But our annual analysis of spending across U.S. public schools was even more profound than expected. The opportunities for our clients to see real growth are the best they’ve been in a decade. It is an exciting time for our schools and the companies and organizations who are helping students grow intellectually, emotionally, and socially.”

For the $11.8 billion educational materials market, this reversal in the spending trend indicates school districts are on much firmer financial footing to purchase instructional materials aligned to the Common Core Standards and assessment protocols and that are adapted to new instructional models, such as blended learning, flipped classrooms, and personalized learning.

Learn More
As the leading provider of education market insight and marketing solutions, MDR is uniquely positioned to identify emerging shifts in spending trends at the district level. See MDR’s School Spending Update infographic for public school expenditures for the 2013-2014 school year with both per student AIM and per student operational spending details. For more information, visit schooldata.com.

Featured

  • UT System Board of Regents Approves $108M Housing Complex

    The University of Texas System Board of Regents recently announced the approval of a new, $108-million housing complex at the University of Texas at El Paso (UTEP), according to a news release. The facility will stand four stories and have a total of 456 new beds for freshmen students.

  • LSU Breaks Ground on $200M Residential Project

    Louisiana State University in Baton Rouge, La., recently broke ground on a new residential complex, according to university news. The South Quad residential project will consist of two buildings and add a total of 1,266 beds for freshmen students. The development comes with a price tag of $200 million, and it’s scheduled to open to students in fall 2027.

  • North Carolina District Completes New Elementary School

    The Wake County Public School System (WCPSS) in Holly Springs, N.C., recently announced that construction on a new elementary school has finished, according to a news release. Rex Road Elementary School measures in at 133,000 square feet and is the fifteenth school that general contractor Balfour Beatty has completed for the district.

  • UCNJ Launches $30M Modernization of Physical Education Center

    The Union College of Union County (UCNJ) in Cranford, N.J., recently broke ground on a new $30-million modernization project for its Physical Education Center (PECK), according to a news release. The college partnered with DIGroup Architecture for the project’s design, transitioning the existing 42,000-square-foot structure into a campus hub for student athletics and campus life.

Digital Edition