And they consider PCs more important than TV.
Spending on and by teenagers will reach $208.7 billion in 2011, up from $189.7 billion in 2006, according to Packaged Facts'
"The Teens Market in the US" report. The spending increase is expected
despite an estimated 3% decline in the 12-to-17-year-old population by
2011.
Teen spending will grow 3.5% annually to $91.1 billion in 2011,
from $79.7 billion in 2006. Family spending on teens during the same
period will grow 7% to $117.6 billion in 2011, from $110 billion in
2006. The study estimates the current number of teens in the US at 25.6 million.
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