Teens look to spend, socialize at restaurants

MINNEAPOLIS —In what is seen as a leading indicator of an economic recovery, teens in households with an average income of $75,000 are spending more at restaurants for the first time since the start of the recession, according to an October survey by investment bank Piper Jaffray & Co. Teenagers not only are spending more, but they are also consistently looking to frequent brands where they can engage with friends socially, preferably at Starbucks, Chipotle and ...

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