12/20/2012

The Consumer Electronics Association says the CEA Index of Consumer Technology Expectations increased 9 points this month to a record high of 97.3. The separate CEA Index of Consumer Expectations posted a gain of 8.5 points from November's mark. "Consumers are increasingly dedicating a significant portion of their overall gift budgets to electronics, which has crowded out other categories for holiday gift spending," said Shawn DuBravac, CEA's chief economist and senior director of research.

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