April 2, 2008

Demand for TVs Is Shrinking

00r06.jpg Consumers appear to be turning down the volume on television purchases. The Wall Street Journal reports.

"As the largest specialty-electronics retailers get set to report year-end results, recent consumer surveys and comments from a TV supplier and from club stores point to slowing TV demand. The category has been among the few bright spots in big-ticket spending for the home as the economy has weakened.

TV sales were expected to slow this year after a couple of big years tied to technology improvements and following the usual surge around the holidays, but some industry watchers suspect sales have slowed even more than anticipated."

emily | 8:10 AM | News | Add this this entry to your del.icio.us bookmarks. Digg This Technorati search results for this Entry
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