CEA: Confidence Mixed Again

The Consumer Electronics Association Tuesday announced another mixed verdict for consumer confidence for July, finding that confidence has risen for the overall economy but dropped for technology specifically.

The CEA Index of Consumer Expectations (ICE) rose 2.5 points from June, while the CEA Index of Consumer Technology Expectations (ICTE) fell 1.4 points.

“Consumers are feeling more confident about their personal financial health, and they have higher expectations for the job market, which helped offset a slight decline in how they felt about the economy,” said Shawn DuBravac, CEA’s chief economist and senior director of research.

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