ARLINGTON, VA – Consumer confidence in the overall economy improved, while confidence in technology and consumer electronics fell slightly in October, according to the Consumer Electronics Association and CNET.
The CEA-CNET Index of Consumer Expectations climbed five points to 174.1 in October.
The ICE, which measures consumer expectations about the broader economy, is up 10.4 points from this time last year, and has climbed in three of the last six months.
“Consumers were met with positive news regarding economic recovery this month,” said Anne Claudio, vice president of research at CBS Interactive. “The stock market rallied to levels not reached in years, while optimism is being expressed by economic leaders that the end of the recession is near.”
The CEA-CNET Index of Consumer Technology Expectations declined four points this month. The ICTE, which measures expectations for buying CE and spending more on CE products and services, is up 3.1 points year-over-year.
ST. LOUIS -- Top 35 EMS firm LaBarge today reported September quarter sales fell 7.4% year-over-year to $63.2 million.
ST. LOUIS -- Viasystems announced third-quarter net sales of $121.1 million, up marginally sequentially but down 38% from 2008.
NEENAH, WI – Plexus announced fiscal fourth-quarter revenue of $393 million, up 4% sequentially and down 17.4% year-over-year.
ELKHART, IN -- CTS Corp. today announced third-quarter revenues of $126.6 million, up 5% sequentially as its EMS business remained flat.
Press Releases
- AIM to Highlight NC259FPA Ultrafine No Clean Solder Paste at SMTA Chihuahua Expo & Tech Forum
- PDR Appoints Bob Pearson of PAC-Global Texas to Central Texas Region
- Avalon Technologies Expands PCB Assembly And Design Services To Meet Growing Demand In The Electronics Industry
- KYZEN to Promote Pair of Stencil Cleaning Chemistries at SMTA Chihuahua Expo & Tech Forum