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Jim Liebelt Christian Blog and Commentary

Tidbits on Tween Spending

  • Jim Liebelt
    Jim is Senior Writer, Editor and Researcher for the HomeWord Center for Youth and Family at Azusa Pacific University. Jim has over 25 years of experience as a youth and family ministry specialist, and has been on the HomeWord staff since 1998. He has served over the years as a pastor, author, youth ministry trainer, adjunct college instructor and speaker. Jim’s culture blog and parenting articles appear on HomeWord.com. Jim is a contributing author of culture and parenting articles to Crosswalk.com. Jim and his wife Jenny live in Olympia, WA.
  • 2010 Apr 27
  • Comments

In reading an article on tween fashion I came across some demographic information and am passing these tidbits on tween spending along to you...

• Still influenced by mom, 8- to 14-year-olds can't drive to the mall but wield $43 billion in annual spending power, according to C&R Research data in EPM Communications' Tween Spending & Influence report. Marketers have expanded the age range for tweens beyond its narrow definition of 9- to 12-year-olds.

• Tweens primarily get their spending money from their parents, typically receiving $35 a week in allowance during the summer and $11 during the school year, said Ira Mayer, publisher of the New York-based Youth Markets Alert newsletter.

• The U.S. tween market is made up of about 21 million young people.

Source: Dallas Morning News
http://www.dallasnews.com/sharedcontent/dws/bus/industries/retail/stories/042010dnbusjcpenney.39cf477.html