TV-Buying Intentions Jumped Sharply in February, Says Conference Board
Consumer intentions to buy new TV sets jumped sharply in February from January, according to preliminary Conference Board data released Tuesday. Nielsen canvassed 5,000 U.S. homes through Feb. 13 and found 13.6% plan to buy a new TV set in…
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the next six months, said the board. That was up from 11.4% in January, 11.3% in December and 12.4% in February 2019, it said. Consumer confidence rose slightly in February, following an increase in January, said the board: “Consumers’ short-term expectations improved, and when coupled with solid employment growth, should be enough to continue to support spending and economic growth in the near term.”