TV-Buying Intentions Fell in September, Says Conference Board
Consumer intentions on buying new TV sets plunged in September from August, according to preliminary Conference Board data released Tuesday. Analytics company Toluna canvassed 5,000 U.S. homes through Sept. 20, finding 10.4% plan to buy a new TV in the…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
next six months, said the board. That’s down from 11% in August, 10.9% in July and 10.9% in September 2021, it said. Consumer confidence improved for the second straight month in September, “supported in particular by jobs, wages, and declining gas prices,” said the board: “The improvement in confidence may bode well for consumer spending in the final months of 2022, but inflation and interest-rate hikes remain strong headwinds to growth in the short term.”