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Piper Jaffray Survey Finds ‘Lowest Teen Spending Levels’ in 8 Years

Inditex, PVH, McKinsey, Greats, Lever Style, Jefferies & more on stage Oct. 17. Don't miss Sourcing Summit NY.

U.S. teens are becoming increasingly conscientious about their spending as rumblings of a recession mushroom into a roar. According to a Tuesday’s semi-annual “Taking Stock With Teens” survey from investment bank and institutional securities firm Piper Jaffray, self-reported spending by teens decreased 4 percent in fall of 2019, as compared with this time last year. That’s…

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