CE Confidence Increases
CEA's monthly measure of consumer confidence saw an increase in confidence in consumer technology, but a drop in overall confidence.
The CEA Index of Consumer Technology Expectations (ICTE) rose to 78.5 in March, while the CEA Index of Consumer Expectations (ICE) fell to 161.4, a ten-point drop from last month.
“Many retailers are still waiting for new product lines to be released, which is happening a few weeks later than it did last spring,” said Shawn DuBravac, CEA’s chief economist. “While several new and innovative products hit store shelves this month, the full breadth of new model resets has yet to happen.”