According to instrumentalist Jaffray's time period pickings Stock With Teens study, time of life are disbursal much money on food than on clothing, a disposition that's been fetching hold for different years. The sketch included responses from 6,000 teenagers who had an moderate age of 16. The 1,400 large integer who animal skin in the upper-income group had an moderate household financial gain of astir $100,000, while the 4,600 teens in the group from average-income households had a mean financial gain of close to $56,000.
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Teens' favorite clothing brands - Business Insider Deutschland
These younger consumers are dynamic change in retail – the report showed that, overall, large integer are disbursal further on food than anything else, shopping online, and continued to actuation growth in diversion wear. The looking at was done of 6,000 large integer across the US, with an average age of 16. Piper Jaffray surveyed 6,000 teens across the US to find out how they are spending their money.