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

Holiday Forecast: Consumer Electronics Sales Up 4%
Oct 2, 2013
 Printable format
 Email this Article
 Search

United States retail sales of consumer electronics in November and December 2013 are expected to be up 4.0% from 2012, to $738 billion in total revenue, according to the Consumer Electronics Association.

The forecast said holiday sales performance will be driven by the online sales channel. The association expects online sales to grow 18.7% to $57 billion. Mobile purchases are expected to be up 35% and top $8 billion for the first time in the 2013 holiday season. Mobile purchases are expected to account for nearly 15% of online holiday purchases.

"The online retail channel will dictate holiday sales this season," said Shawn DuBravac CEA's chief economist and senior director of research. "Retailers and manufacturers should take note of shifting shopping habits as consumers increasingly turn online and to their mobile devices to make purchases."

CEA expects overall 2013 holiday retail sales to be about the same as 2012 holiday sales. In the 2012 holiday season consumers spent $709 billion at retail on General Merchandise, Apparel and Accessories, Furniture and Other Sales (GAFO), and CEA expects 2013 growth to be subpar at 2.7%.

"Overall retail holiday sales growth looks healthy for 2013," said DuBravac. "However, significant economic risks remain unresolved, and these could still negatively impact how much consumers decide to spend this holiday season."

Back to Daily News

 

Daily News

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

Oct 2, 2014: Canadian HVAC/R wholesaler sales down 0.8% in August

Oct 1, 2014: Whirlpool on Manufacturing Day: on track to exceed $1 billion U.S. investment goal

Oct 1, 2014: Commercial appliance spending and other restaurant capital spending solid in August

Oct 1, 2014: Appliance maker Gorenje is first Slovenian company with a European Works Council

Oct 1, 2014: HVAC/R contractors positive about short-term growth

More Daily News>>

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

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

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 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