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 Down in April
Apr 23, 2014
 Printable format
 Email this Article
 Search

Consumer confidence levels about technology spending and about the overall economy were both down in April, according to data from the Consumer Electronics Association (CEA).

The association's Index of Consumer Expectations (ICE), tracking consumer expectations about the economy, was down 2.7 points from March to stand at 167.5 in April.

“The first quarter’s weather hindered an already tepid economic recovery,” said Shawn DuBravac, CEA’s chief economist and senior director of research. "Despite this month’s slip in consumer sentiment, I expect the economic drawback that began in the first quarter will continue to improve in the coming months.”

The association's Index of Consumer Technology Expectations (ICTE), tracking consumer expectations about technology spending, was down 2.7 points in April to 87.7. However, the April 2014 ICTE is at the highest level for the month of April since April of 2011.

“On most accounts the first quarter was bad for the tech industry,” said DuBravac. “April’s sentiment numbers likely reflect that, but as the economy improves in the second quarter, I expect consumer sentiment will follow suit.”

Back to Daily News

 

Daily News

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

Oct 20, 2014: Electrolux 3Q Operating Income up 29%

Oct 17, 2014: Whirlpool completes purchase of majority interest in Indesit

Oct 17, 2014: AHRI Annual Meeting registration open for just 1 more week

Oct 17, 2014: Walmart will moderate brick-and-mortar growth and increase capital spending on e-commerce capabilities

Oct 17, 2014: Smart devices shipments forecast to show strong growth

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