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

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

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