Bloomberg News

U.S. Consumers Expect to Spend More on Technology

March 27, 2012

Consumer expectations about the economy weakened in March according to the CEA-CNET Index of Consumer Expectations.

Consumer expectations for technology spending over the next year rose to 88.9 in March from 85.6 a month earlier. The index is formulated from a 1,000 person telephone survey.

Following is a table of consumer expectations for technology:

===============================================================================
                         March   Feb.   Jan.   Dec.   Nov.   Oct.  Sept.   Aug.
                          2012   2012   2012   2011   2011   2011   2011   2011
===============================================================================
Consumer Expectations   173.6  174.7  177.3  170.7  156.6  159.6  156.8  158.8 
  Technology  (ICTE)     88.9   85.6   88.0   93.6   91.2   89.6   81.9   84.4 
===============================================================================
NOTE: The CEA-CNET Index of Consumer Expectations (ICE) measures consumer 
expectations about the broader economy. The index carries a maximum value 
of 300 and a minimum value of 100.

The CEA-CNET Index of Consumer Technology Expectations (ICTE) 
measures consumer expectations about technology spending. The index 
carries a maximum value of 200 and a minimum value of zero.

SOURCE: The CEA-CNET Consumer Sentiment Indexes are a joint effort of 
The Consumer Electronics Association (CEA) and CNET (www.cnet.com).

To contact the reporter on this story: Chris Middleton in Washington at cmiddleton2@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net


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