July TV-Buying Intentions Up Sharply From June: Conference Board
Consumer intentions on buying TV sets jumped sharply in July from June, according to preliminary Conference Board data released Tuesday. Analytics company Toluna canvassed a nationally representative sample of consumers for the board through July 23, finding 13.8% planning to…
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buy a new TV set in the next six months, up 2.2 points from June and 2.7 points higher than in July 2020. Consumer confidence was virtually unchanged in July from June “but remains at its highest level since February 2020,” said the board: “Consumer spending should continue to support robust economic growth in the second half of 2021.”