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Is there a great impact of the economic downturn on consumer electronic market?

Created by : Meena Deshmukh, Product/Brand Manager, Videocon Inds  | 11 26 2008 11:06:06 +0000
Industry : Consumer DurablesFunctional Area : Gadgets(Personal Interests)
Keywords : Market Impact Great Consumer Electronic Economic Downturn Global Meltdown Downturn
Activity:  295 views;  last activity : 07 06 2010 20:18:09 +0000
Is there a great impact of the economic downturn on consumer electronic market?
  
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The extraordinary economic turmoil we have seen will have a tremendous impact this season as consumers have said that they will probably or definitely hold off on products that have grossed the highest revenue over the last several holiday seasons
By Omkar Deshpande, Product/Brand Manager, Mirc Electronics  | 11 26 2008 11:08:31 +0000
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Yes the consumer spending has decreased as a result of high global inflation leading to reduced spending on consumer electronics
By Meena Deshmukh, Product/Brand Manager, Videocon Inds  | 11 26 2008 11:06:06 +0000
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Consumer confidence in the overall economy increased slightly in November following a record low October level, according to figures released today by the Consumer Electronics Association and CNET.
By Rishi Khanna, Product/Brand Manager, Mirc Electronics  | 11 26 2008 11:07:28 +0000
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