TV-Buying Intentions Increased in March From February, Says Conference Board

Consumer intentions to buy TV sets increased in March compared with February, according to preliminary data in the Conference Board’s monthly survey. Nielsen canvassed 5,000 consumers for the board through March 16, and found 13.7 percent said they plan to buy a TV set in the next six months, up from 12.4 percent in February and 12 percent in January, but down sharply from 16.1 percent in March 2016, the board reported Tuesday. Its Consumer Confidence Index increased sharply in March to its highest level since December 2000, it said: “Consumers feel current economic conditions have improved over the recent period, and their renewed optimism suggests the possibility of some upside to the prospects for economic growth in the coming months.”