February Consumer Confidence Up, but TV-Buying Plans Down, Says Conference Board
Consumer intentions to buy new TV sets declined in February from January, according to preliminary Conference Board data released Tuesday. Nielsen canvassed 5,000 U.S. homes through Feb. 15 and found 11.7 percent plan to buy a new TV set in…
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the next six months, down from 12.8 percent in January, 11.9 percent in December and 12.9 percent in February 2018, said the board. Overall consumer confidence rebounded in February after three straight months of declines, it said: “Consumers expect the economy to continue expanding.”