Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Confidence in CE is Highest Level in History of CEA-CNET Index
Nov 25, 2009
 Printable format
 Email this Article
 Search

Consumer confidence in consumer electronics reached the highest level in the history of the CEA-CNET Index, according to the Consumer Electronics Association (CEA) and CNET.

The CEA-CNET Index of Consumer Technology Expectations (ICTE) reached 93.5, the highest level of the index since tracking began in January 2007. The ICTE, which measures consumer expectations about technology spending, also saw the largest sequential increase in the history of the index. The ICTE climbed more than 14 points from October and is up more than nine points from this time last year. CEA's recent 16th Annual CE Holiday Purchase Patterns Study underscored consumer's desire for technology in finding that 80% of individuals want consumer electronics as a gift this holiday, the highest results in the history of the study.

"This holiday shopping season is shaping up to be a digital one with consumers looking to purchase technology gifts," according to Shawn DuBravac, CEA's chief economist and director of research. "November's index results show consumers are eagerly anticipating purchasing electronics on Black Friday and during the rest of the holiday shopping season even with a difficult overall economic picture."

Consumer confidence in the overall economy decreased this month. The CEA-CNET Index of Consumer Expectations (ICE) fell to 165.3, the lowest level since July 2008. The ICE, which measures consumer expectations about the broader economy, is down nearly nine points from last month and down more than four points from this time last year.

"Consumers continue to worry about the overall direction of the economy," said DuBravac. "Concerns over a still declining job market and personal financial health persist among many Americans."

Back to Daily News

 

Daily News

...........................................................

Jul 25, 2014: Whirlpool Refrigerator is First Commercial Application of Polyurethane Insulation Using HFO Blowing Agent

Jul 24, 2014: Remodeling Spending to Be Slower, But Still Strong, in Early 2015

Jul 23, 2014: Whirlpool North America Reports Record Operating Profits

Jul 23, 2014: Japan Destroyed 3.6 Million KG Fluorocarbons from Commercial Refrigerators and AC

Jul 22, 2014: Lennox International Reports Record Profit in Second Quarter

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows