Consumer Intentions to Buy New TVs Jumped in August, Conference Board Says
Consumer intentions to buy new TV sets jumped in August from July, according to preliminary Conference Board data released Tuesday. Nielsen canvassed 5,000 homes through Aug. 16 and found 13.8 percent plan to buy a new TV in the next…
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six months, up from 12.6 percent in July and 13.6 percent in August 2016, it said. Overall consumer confidence increased in August for the second straight month, it said: “Consumers’ short-term expectations were relatively flat, though still optimistic, suggesting that they do not anticipate an acceleration in the pace of economic activity in the months ahead.”