Consumer intentions on buying TV sets fell sharply in Jan. from D...
Consumer intentions on buying TV sets fell sharply in Jan. from Dec., reflecting overall decline in consumer confidence, according to preliminary data in Conference Board monthly survey. Of 5,000 households polled, 6.3% said they planned to buy TV set…
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in next 6 months, vs. 7.5% in Dec., 6.7% in Nov., 7.4% in Jan 2002 . Consumer Confidence Index dropped nearly 2 points from Dec., Conference Board saying: “Overall readings continue to reflect the country’s lackluster economic activity. Now, with the threat of war looming, consumers have grown increasingly cautious about the short-term outlook.”