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

  • Hawaii Elementary School Reopens Following $25M Campus Modernization

    Haʻaheo Elementary School in Hilo, Hawaii, has reopened to students following a three-year, $25-million campus modernization and expansion project that significantly increases the school's instructional space while preserving one of the island's oldest educational institutions, according to local news.

  • Texas A&M Opens First Building at Fort Worth Campus, Breaks Ground on Research Facility

    The Texas A&M University System marked a major milestone in the development of its Fort Worth campus by opening its first completed academic building and breaking ground on a second facility designed to expand research and industry collaboration.

  • UCF Modernizes College of Hospitality Management

    The University of Central Florida in Orlando, Fla., recently completed a major renovation effort for the Rosen College of Hospitality Management, according to a news release. The project modernized 77,600 square feet worth of academic classrooms, teaching labs, and collaborative spaces to support both students and faculty.

  • Johns Hopkins Starts Construction on New Residence Hall, Dining Facility

    The Homewood Campus of Johns Hopkins University in Baltimore, Md., recently began construction on a new residence hall and dining facility, according to university news. The work involves demolishing the existing Alumni Memorial Residence Hall I, which was built in 1923, to make room for the new facility.