Consumer confidence on tech-spending on the rise
July 23, 2014
Consumer sentiment toward technology spending reached its highest level since December of 2012, according to the latest figures released by the Consumer Electronics Association (CEA).
“As CEA’s sentiment indexes have continued to show, consumer confidence is improving steadily following a weak first quarter,” said Shawn DuBravac, CEA’s chief economist and senior director of research. “The improved sentiment is helping establish a solid foundation for stronger tech spending – especially with the growth of emerging technologies like wearables and Ultra HDTV – to materialise in the back half of 2014.”