It was a bit of a boring month for the Dealerscope Consumer Electronics Retail Confidence Index (DS Index) as we turn to May, but that’s not a bad thing considering the year-over-year history we have with the month of May. Entering this fifth month of the year, the consumer electronics retail community posted an overall confidence score of 192.49, which is up a little more than 3 points from April.
The DS Index has gradually inched upward over the past two months, which is positive. But what really makes this otherwise boring month a serious win for the industry is that—at least for now—CE retailers didn’t see their confidence plummet the same way it did in 2017.
It was this time last year that the DS Index fell off 10 points in the first of a five-month losing stretch. The DS Index ultimately climbed back at the end of the year last year, but one of the trends we were looking to follow at the outset of this year is whether or not there’d be that summer slide.