Consumer intentions on buying TV sets rose sharply in June from M...
Consumer intentions on buying TV sets rose sharply in June from May, according to preliminary data in Conference Board monthly survey. Of 5,000 households polled, 7.5% said they planned to buy TV set in next 6 months, vs. 6.6%…
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in May, 7.2% in April, 7% in June 2001. Nevertheless, overall Consumer Confidence Index fell 4 points from May, hurt by weak labor market, “generally soft” business conditions and “waning public confidence in questionable business practices,” Conference Board said: “Still, the latest readings point to continued consumer spending and moderate economic growth.”