Consumer intentions on buying TV sets rose in Jan. from Dec. for ...
Consumer intentions on buying TV sets rose in Jan. from Dec. for 2nd straight month, according to preliminary data in Conference Board monthly survey. Of 5,000 households polled, 7.2% said they planned to buy TV set in next 6…
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months, vs. 6.7% in Dec., 7.7% in Nov., 6.7% in Jan. 2001. Consumer Confidence Index jumped nearly 3 points from Dec., Conference Board saying: “While the economy has not turned around yet, the worst may well be over, and the upturn in confidence is being driven by growing confidence about the business outlook and job prospects.” Board said consumer expectations for near-term future “are now higher than they have been in more than a year.”