Expectations Up, Technology Confidence Down in October Oct 28, 2009

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Consumer confidence in the overall economy improved, while confidence in technology and consumer electronics fell slightly in October, according to the Consumer Electronics Association (CEA) and CNET.

The CEA-CNET Index of Consumer Expectations (ICE) climbed five points to 174.1 in October. The ICE, which measures consumer expectations about the broader economy, is up 10.4 points from this time last year, and has climbed in three of the last six months.

The CEA-CNET Index of Consumer Technology Expectations (ICTE) declined four points this month. The ICTE, which measures expectations for buying CE and spending more on CE products and services, is up 3.1 points from this time last year.

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