CEA: Confidence Hits Four-Year High; Tech Number DropsJanuary 24, 2012 By Stephen Silver
The CEA Index of Consumer Expectations (ICE) reached 177.3, a four-point rise from December, a two-point increase since last January, and the highest number in the survey since February 2008.
The CEA Index of Consumer Technology Expectations (ICTE), however, dropped five and a half points from December.
“Overall sentiment continues to improve as the ICE has rebounded since reaching an all-time low in November,” Shawn DuBravac, CEA’s chief economist and director of research, said in a statement. “Sentiment has improved by more than 13 percent in the past two months, which is a hopeful sign of consumer expectations for recovery in 2012.”