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 Sentiment Toward Economy and Technology Spending Remains Elevated
Jan 2, 2014
 Printable format
 Email this Article
 Search

Consumer confidence in the overall economy and in technology spending in December 2013 both remained steady compared to the November, according to the Consumer Electronics Association (CEA).

The association's Index of Consumer Expectations (ICE), tracking consumer expectations about the overall economy, was up 0.1 points in December to hit 168.5.

Shawn DuBravac, CEA’s chief economist and senior director of research, said the index is making up for points lost earlier in the year, and said consumers are "decidedly optimistic" at the close of 2013.

"Recent announcements regarding Federal Reserve policy, as well as improving economic fundamentals, reaffirms that 2014 will begin on more solid footing than we’ve seen in the last five years," DuBravac said.

The Index of Consumer Technology Expectations (ICTE), tracking consumer expectations about technology spending, was down 2.7 points in December to 90.2. Despite the drop, DuBravac said December levels were retaining positive momentum from October and November. “We are watching tech sentiment closely as key areas of growth – namely tablets and smartphones – will begin to slow naturally in 2014. However, several areas, such as wearable tech devices, will see gains as consumer awareness about these products continues to increase.”

Back to Daily News

 

Daily News

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

Dec 22, 2014: DOE's Building Technologies Office releases Roadmap for Emerging HVAC Technologies

Dec 19, 2014: Whirlpool Corp. provides guidance for 2015

Dec 19, 2014: Panasonic to showcase built-in appliances at LivingKitchen 2015

Dec 19, 2014: New residential construction in November 2014

Dec 19, 2014: 2014 U.S. steel production up 0.7% from 2013

More Daily News>>

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

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

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
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