Consumer intentions on buying TV sets fell in July from June desp...
Consumer intentions on buying TV sets fell in July from June despite a sharp increase in the overall Consumer Confidence Index, according to preliminary data in the Conference Board’s monthly survey. Of 5,000 households polled, 7.1% said they plan…
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to buy a TV set the next 6 months, vs. 7.9% in June, 7.9% in May and 6.8% in July 2003. The Consumer Confidence Index jumped 3.3 points from June -- its 4th straight monthly increase -- reaching its highest point since June 2002, the Conference Board said: “The spring turnaround has been fueled by gains in employment, and unless the job market sours, consumer confidence should continue to post solid numbers.”