Feb. TV-Buying Intentions Fell From Jan., Says Conference Board
Consumer intentions on buying new TVs declined slightly in February from January, according to preliminary Conference Board data released Tuesday. The board hired tech analytics firm Toluna to canvass 5,000 U.S. homes through Feb. 16, finding 11.1% plan to buy…
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new TV sets in the next six months, compared with 11.5% in January, 9.9% in December and 12.2% in February 2021. Consumer confidence dropped slightly for the second straight month, said the board: “Expectations about short-term growth prospects weakened further, pointing to a likely moderation in growth over the first half of 2022.”