Spending on and by teenagers will exceed $208 billion in 2011, from $189.7 billion in 2006, despite an estimated 3 percent decline in the 12-to-17-year-old segment by 2011, according to a recent report.

“The Teens Market in the U.S.” report by Packaged Facts indicated teen spending will increase from $79.7 billion in 2006 to $91.1 billion in 2011, with a 3.5 percent annual growth rate.

Family spending on teens will grow as well, from $110 billion in 2006 to $117.6 billion in 2011, a 7 percent growth.