Tax Rebates Help, but U.S. Economic Situation Has Mixed Effect on Consumer Spending

Posted by on May 1st, 2008 at 02:13am

Prior Info wrote an interesting post today on
Here’s a quick excerpt
40 percent of consumers likely to use tax rebate for CE purchases, but economic concerns will impact spending Tax rebates will impact sales of high-definition TVs and personal computers this year, but economic concerns among consumers will limit the growth to more modest levels, according to Parks Associates’ Consumer Electronics Purchases: Quarterly Monitor. “Consumer sentiment regarding CE purchases is mixed,” said Kurt Scherf, vice president, principal analyst, Parks Associates. “The tax r

Read the rest of this great post here

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