Young Consumers Hit Hard By Economy: Report

NEW YORK — Young consumers battling the weak job market and struggling to pay off student loans are no longer the free spenders they once were, a new report from WSL Strategic Retail indicates.

“The youth market, which has traditionally been known for its enthusiastic spending of discretionary income, has virtually dried up,” said Candace Corlett, president of WSL.

The How America Shops MegaTrends report: Moving On 2012, which survey

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