Parks Associates Blog

Thursday, October 09, 2008

Follow-up to CEA's briefing on the economy and impact to the CE space

As a follow-up to the briefing given by CEA's chief economist on Tuesday, The Boston Globe ran a story that provides a positive look at the state of the consumer electronics industry. Specifically.

  • Consumer electronics were up 1.2 percent in August from the same period last year. By contrast, sales of home furnishings were down 6.8 percent, and auto sales were down 13.5 percent.
  • Sales of flat-panel TV sets are up 40 percent so far this year, GPS navigation systems sales are up 95 percent, and sales of video gaming hardware have grown 21 percent.

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