Consumer Intentions to Buy TVs Declined in September, Says Conference Board
Consumer intentions to buy new TV sets declined in September from August, according to preliminary Conference Board data released Tuesday. Nielsen canvassed 5,000 homes for the board through Sept. 14 and found 14 percent plan to buy a new TV…
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in the next six months, down from 14.5 percent in August, but up from 11.2 percent in July and 13.2 percent in September 2017, said the board. The overall consumer confidence index increased in September and “hovers” near an 18-year high, it said: “These historically high confidence levels should continue to support healthy consumer spending, and should be welcome news for retailers as they begin gearing up for the holiday season.”