RetailVision: "Things Are Getting Better"
There is no doubt the CE industry faces tremendous challenges. But even as the recession takes its toll, more bright spots continue to emerge each day.
"Things are getting better, things are improving," Shawn DuBravac, the Consumer Electronics Association's economist and director of research said toward the end of his keynote speech, "Retailing Circa 2009: Three Trends Forever Changing the Landscape," on the opening night of RetailVision's spring conference in Boca Raton, Fla. "I think this is as bad as it's going to get."
Of course it's still too early to make any set predictions on when the recession will end, but there are signs of optimism. DuBravac noted that this is the worse economic crisis since the Great Depression so "we probably won't see another one like this for another 75 years ... and we're all still here."