Consumers More Bullish on Tech Spending, But Not About ‘Broader Economy,’ CEA Says

CEA’s monthly index of consumer technology expectations jumped 0.3 points in January from December to reach 88.9, CEA said Tuesday in a report. The January index, which is a measure of consumer intentions on tech spending, is 5.2 points higher than in January 2014 and suggests “momentum from the holiday season is spilling into the new year,” CEA said. The association's separate index of consumer expectations, which measures consumer expectations about the “broader economy,” however, fell 2.2 points from December to 177.9, CEA said. But the January index is 10.6 points higher than that of January 2014, it said.