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).
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