Consumer Intentions to Buy TVs Fell Sharply in January, Conference Board Says
Consumer intentions to buy new TV sets declined sharply in January from December, said preliminary Conference Board data released Tuesday. Nielsen canvassed 5,000 homes through Jan. 18 and found 12 percent plan to buy a new TV in the next…
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six months, down from 13.9 percent in December, 12.6 percent in November and unchanged from 12 percent in January 2016. Overall consumer confidence increased in January after a December decline, it said: “Expectations improved, though consumers were somewhat ambivalent about their income prospects over the coming months, perhaps the result of some uncertainty regarding the impact of the tax plan.”