The CEA Index of Consumer Expectations (ICE), which measures consumer expectations about the broader economy, increased by four points from last month to reach 170.7 in June, the highest level so far in 2014.
“Negative effects from the first quarter seem to have dissipated and consumers are feeling more optimistic about the coming months,” said
The CEA Index of Consumer Technology Expectations (ICTE), which measures consumer expectations about technology spending, increased by three points in June to reach 91.2, its highest level of this year. This month’s ICTE is the highest year-over-year level for the month of June since the CEA Index began tracking in 2007.
“Sentiment toward tech spending is benefitting from an improving consumer outlook,” said DuBravac. “Also, the growing anticipation for new product launches could be increasing appetite for tech.”
The CEA Indexes comprise the ICE and ICTE, both of which are updated on a monthly basis through consumer surveys. New data is released on the fourth Tuesday of each month. CEA has been tracking index data since
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