Consumer Sentiment Toward Tech Spending Continues to Rise
According to the Consumer Electronics Association, consumer confidence toward technology spending continued its rise into July. The CEA Index of Consumer Technology Expectations measured a .6 point rise in July.
Chris Ely, senior manager, industry analysis, CEA, said in a press release:
"Consumer sentiment toward tech spending continues its three-month streak, with another increase in July. To some extent, we credit recent earnings announcements that smartphones performed well in the second quarter."