Teen girls are continuing to spend on clothing and accessories, with beauty items like like skincare and makeup among their top purchases, according to the latest survey by Minneapolis-based investment bank Piper Sandler.
The Taking Stock with Teens survey for fall 2022 determined that teen spending is up 3% year-over-year, to $2,331, but down 2% compared to the spring. Females continued to lead the growth in spending, with an overall increase of 10%, including a 10% increase on clothing and 7%…