Consumer intentions on buying TV sets fell in Jan. for the 2nd st...
Consumer intentions on buying TV sets fell in Jan. for the 2nd straight month and stood at the lowest point since last Feb., according to preliminary Conference Board’s monthly data. Of 5,000 households polled, 6.2% said they planned to…
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buy a TV the next 6 months, down from 7.0% in Dec., 7.2% in Nov. and 6.3% in Jan 2003. Nevertheless, the Consumer Confidence Index rose “briskly” in Jan. and was at its highest level since July 2002, the Conference Board said: “Growing optimism about the overall health of the economy continues to bolster consumers’ short-term outlook. But consumers’ assessment of current conditions, which strongly hinges on improvements in the overall labor market, remains both weak and volatile.”