April TV-Buying Plans Up, Consumer Confidence Down: Conference Board
Consumer intentions to buy new TV sets jumped slightly in April compared with March, according to preliminary Conference Board data released Tuesday. Analytics firm Toluna canvassed 5,000 U.S. homes for the board through April 19, finding 11.3% plan to buy…
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new TV sets in the next six months, up from 11% in March and 11% in February but down slightly from 11.6% in April 2021. Consumer confidence dipped slightly in April after rising in March, said the board: “Concerns about inflation retreated from an all-time high in March but remained elevated. ... Inflation and the war in Ukraine will continue to pose downside risks to confidence and may further curb consumer spending this year.”