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CEA Study Show Drop in Spending Print E-mail
Friday, 22 May 2009
ImageThe Consumer Electronics Association has released a study showing that American households spent $176 less this year than other years on consumer electronics products, spending $1,229 on average for the past twelve months.  Breaking down the numbers, the report shows that men spent $902 on average over the past 12 months, while women spent $558. Those between the age of 18 and 24 spend $100 more this year compared to other years, totaling $1,056 on average.  Video product ownership is growing, with 99% of the households in the country reporting owning a TV, and 52% of these households reporting owning at least one high definition TV.  Next to TVs, DVD players and cell phones are the second and third most widely owned consumer electronics devices respectively.

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