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Consumers Settle Into A Post-Crisis Adjustment, Shows CEA’s February Indexes

Shawn DuBravac, Ph.D., Staff Economist, Consumer Technology Association
Despite uneasiness in the financial markets since the start of the year driven by emerging market volatility, and some unrest abroad in February, consumer confidence toward both the overall economy and technology spending saw slight increases in February.
Consumer’s appear to be generally shrugging off news that would have weighed more heavily on sentiment towards the overall economy in previous years- settling into a long, post-crisis adjustment.
In terms of technology spending, consumer sentiment also held steady in February, and looks strong with a 6.8 point jump year-over-year. Looking ahead, the next 60 days or so will bring a slew of new technologies to the market. Products that were announced at the beginning of the year at the 2014 International CES, and since then, will hit store shelves soon.
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