Teen spending slumps to the lowest level since 2011 as coronavirus worries even the youngest consumers

7:25am PDT - April 8th, 2020    netflix stock - Business Insider

Teens are worried about the economy and curbing their spending amid the coronavirus pandemic, according to Piper Sandler's spring teen survey, released Tuesday. Self-reported spending from teens fell 13% to $2,270 annually, the lowest since 2011 and a 4% slum…