Consumer intentions on buying new TV sets fell for the third stra...
Consumer intentions on buying new TV sets fell for the third straight month, according to preliminary Conference Board data for December. Of 5,000 households polled, only 7.5 percent said they plan to buy a new TV set in the…
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next six months, the board said. That’s down from 7.8 percent in November, 8 percent in October, and 10.7 percent in December 2008 when the country was on the cusp of the initial Feb. 17, 2009, DTV deadline. The Consumer Confidence Index in December increased moderately for the second straight month on a “more optimistic outlook for business and labor market conditions,” the board said. But on income issues, “consumers remain rather pessimistic about their short-term prospects and this will likely continue to play a key role in spending decisions in early 2010,” it said.