Not everyone is so sanguine about an H2 recovery, however. “With inflation touching virtually every category, spending on consumer electronics may not be a top priority at present,” argues Sarah Lee, a Parks Associates analyst. “Even ‘essential’ consumer electronics categories are subject to reduced sales performance resulting from the current economic climate. Purchases will pick up eventually, but this will not likely happen until 2024.”
Taken from the article, "Report: CE State Of The Industry 2023" by Stewart Wolpin.
This survey was conducted by Parks Associates on behalf of the Coldwell Banker brand within the United State, June 6 to 9, 2016 through a third party via an online omnibus product. The survey was cond...
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