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

CEA: Consumer Confidence in Economy at Highest in Nearly Four Years
Jan 25, 2012
 Printable format
 Email this Article
 Search

Consumer confidence in the overall economy in January 2012, according to the latest Consumer Electronics Association Index, reached its highest point since February 2008. Consumer confidence in technology spending fell in January 2012, which CEA said is consistent with previous post-holiday results.

CEA's measures consumer expectations about the broader economy, the Index of Consumer Expectations (ICE), was 177.3 in January 2012, up from 170.7 in December 2011. It is also up from 175.7 in January 2011, which was the highest point for the index in 2011.

“Overall sentiment continues to improve as the ICE has rebounded since reaching an all-time low in November,” said Shawn DuBravac, CEA’s chief economist and director of research. “Sentiment has improved by more than 13% in the past two months, which is a hopeful sign of consumer expectations for recovery in 2012.”

The CEA measure of consumer expectations about technology spending, the Index of Consumer Technology Expectations (ICTE), was 88.0 in January 2012. The index was down from 93.6 in December 2011 but flat compared to 88.1 in January 2011.

DuBravac said the industry expects a lull in tech spending after the holiday season and before new models launch in March.

Back to Daily News

 

Daily News

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

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

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

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

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
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 | Plastics Today | Powder Bulk Solids | Canon Trade Shows