Consumer Confidence Falls for 4th Straight Month; TV Buying Intentions Unchanged
Consumer intentions to buy new TV sets was unchanged in November from October, according to preliminary Conference Board data released Tuesday. Nielsen canvassed 5,000 U.S. homes through Nov. 15 and found 12.3 percent plan to buy a new TV set…
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in the next six months, said the board. That was steady with the 12.3 percent in October, down slightly from the 12.5 percent in September and up from the 11.3 percent in November 2018, it said. Consumer confidence declined in November for the fourth straight month, “driven by a softening in consumers’ assessment of current business and employment conditions,” said the board: “Confidence levels are still high and should support solid spending during this holiday season.”