CONSUMER CONFIDENCE HOLDS STEADY IN JUNE, ACCORDING TO CEA-CNET INDEXES

24.06.09 - 00:10 ... source : Consumer Electronics Association - CEA

... Consumer Confidence in Electronics Continues to Climb Arlington, Virginia 6/23/2009 Consumer confidence in the overall economy held steady in June, according to the latest data from the Consumer Electronics Association (CEA)® and CNET. The CEA-CNET Indexes also show that consumer confidence in technology and consumer electronics (CE) continues to improve. The CEA-CNET Index of Consumer Expectations (ICE) reached 174.7, up 0.1 points from May. The ICE, which measures consumers' confidence in the overall economy, is up more than eleven points year-over year and at its highest level since February 2008. Consumers are growing more confident about their future financial health but remain worried about the market outlook for jobs. "Consumer sentiment is stabilizing as the economy works through the final months of a historically long recession," said Shawn DuBravac, CEA's economist and director of resea ...» Next (HTML)