CEA Index: Confidence in Technology Up in June
Jun 26, 2013
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June 2013 Consumer Electronics Association data showed consumer confidence in technology spending was up even as confidence in the broader economy was down. CEA said that both its measures were lower in June 2013 than in June 2012.

The association measures consumer expectations about technology spending with its Index of Consumer Technology Expectations (ICTE). The index was up 6.2 points in June 2013 to 86.5.

The association measures consumer expectations about the broader economy with its Index of Consumer Expectations (ICE). This index was down six points in June 2013 to 165.5. The ICE is down 4.9 points from 170.4 in June 2012.

"Consumers showed increased interest in tech spending from the prior month," said Shawn DuBravac, CEA's chief economist and senior director of research. "In the last month there have been several major consumer tech announcements, including product launches and upgrades."

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