Consumer Confidence Toward Tech Spending Up Despite Concerns About Economy, Says CTA

Following typical trend lines, consumer confidence toward technology spending and the overall economy grew 8.8 points to 92.1 in the Consumer Technology Association Index of Consumer Technology Expectations, said CTA Tuesday. “Consumer sentiment traditionally moves higher in advance of Black Friday and the prime holiday shopping season,” said Chief Economist Shawn DuBravac, noting many Black Friday promotions have already kicked in. “Apprehensions about the economy remain but consumers seem confident going into the most popular holiday shopping period,” he said.