CEA Sees Rocky Ride in 2nd Half


By Alan Wolf, TWICE June 27,2012


The CE industry may be in for a rocky holiday season, as early promotions, lean inventories, an unstable economy, and a surfeit of legacy products produce a volatile brew for the back half of 2012.
 

CEA's Shaw DuBravac presents a mid-year update at the CEA Research Summit.

Consumer Electronics Association (CEA) chief economist and senior research director Shawn DuBravac provided the mixed forecast at yesterday's CEA Research Summit, here, which kicked off the three-day series of conferences, line shows and vendor events known as CE Week.

Setting the backdrop for Holiday 2012, DuBravac painted an erratic macroeconomic picture that could pressure consumer spending throughout the second half. While technology products held up better than other durable goods last year, led by demand for smartphones and tablets, CE has been losing that lead through the first six months of 2012, as overall consumer spending falls from last year's levels. 

To continue reading this article, click here to visit twice.com.


0 Comments

Add Comment

Text Only 2000 character limit
Enter the word as it is shown in the box below: (Why?) (case sensitive)
The Pros and Cons of Owning a CI Showroom
Read More»
The Internet of Things: Tech Support Concerns in Today’s Connected Home
Read More»
The IoT and Tech Support Concerns in Today’s Connected Home
Read More»
3 Reasons Local Business Will Prevail in Today’s Marketplace
Read More»
Business Lessons Learned from the ‘Bad Times’
Read More»

CEDIA Awards Ceremony 2012
Wisdom Audio Factory Tour
Unexpected Atlanta
Triad DesignerSeries Step-by-Step Install
Top 10 Things to See at CEDIA 2010

+ All Slide Shows
Re: Would a DTV Delay Matter to You?
Read More»
xbox one fifa coins where to buy
Read More»
Where to Buy Low Price safe fifa coins for xbox
Read More»
Re: The Oscars Inspired Me to See More Movies...
Read More»
Re: Would You Miss Satellite Radio Too?
Read More»
Re: Was Utz Baldwin the right choice for CEDIA CEO?
Read More»
Re: Would a DTV Delay Matter to You?
Read More»
Re: What is Your Recurring Revenue Stream?
Read More»
Re: Mguard Security systems
Read More»
Re: Are your clients into Blu-ray yet?
Read More»