10/26/2011

The Consumer Electronics Association reports that its Index of Consumer Technology Expectations hit 89.6 in October, up almost 8 points from the prior month, and is at its highest point since December. The broader CEA Index of Consumer Expectations is also up this month. "Increases in consumer sentiment around technology are expressly higher, not just on a sequential basis, but also on a year-over-year basis, a good sign headed into the important fourth quarter and holiday selling season," said Shawn DuBravac, CEA's chief economist and director of research.

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