Consumer Intentions to Buy New TVs Fell in September, Conference Board Says
Consumer intentions to buy new TV sets declined significantly in September from August, according to preliminary Conference Board data released Tuesday. Nielsen canvassed 5,000 homes through Sept. 18 and found 12.7 percent plan to buy a new TV in the…
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next six months, down from 14 percent in August, but up slightly from 12.6 percent in July and unchanged from 12.7 percent in September 2016. Overall consumer confidence declined slightly in September after two straight months of increases, it said: “Despite the slight downtick in confidence, consumers’ assessment of current conditions remains quite favorable and their expectations for the short-term suggest the economy will continue expanding at its current pace.”