Consumer intentions on buying TV sets rose in Oct. from Sept., ac...
Consumer intentions on buying TV sets rose in Oct. from Sept., according to preliminary data in the Conference Board’s monthly survey. Of 5,000 households polled, 6.9% said they planned to a buy TV set in the next 6 months,…
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compared with 6.3% in Sept., 7.4% in Aug., 7.5% in Oct. 2002. The Consumer Confidence Index jumped more than 4 points in Oct., the Conference Board saying “a more favorable job market was a major factor in the turnaround.” Moreover, it said, the belief that that trend would continue had boosted consumers’ expectations: “With the holiday season around the corner, this improvement in consumers’ spirits is a good omen for upcoming retail sales.”