Photo by Amelia Holowaty Krales / The Verge
The COVID-19 pandemic has caused a surge in sales for consumer technology in the US, even as spending declines overall, an NPD analyst is reporting. For the week ending April 18th, NPD’s Stephen Baker notes that consumer tech sales increased by 23 percent year-over-year. In contrast, the group tracked an overall decline in spending of 23 percent across the industries it tracks. NPD’s data also suggests that people are buying more tech to keep themselves entertained, not just to work or learn remotely.
TV sales are up by a massive 86 percent and are selling at the highest volume ever outside a holiday, according to Baker. People are also buying accessories like soundbars (up by 69 percent) and streaming players (42 percent). DVD and...
Continue reading…
from The Verge - All Posts https://ift.tt/2KGr0Cu
Related Posts :
The 10,000-person dance party streaming in your living room Illustration by Claudia Chinyere Akole
If you were to picture the opposite of social distancing, you might envision a humid dance floor in… ...
Here are Tesla’s biggest announcements from Battery Day
At Tesla’s Battery Day event, CEO Elon Musk made some big announcements: the company’s moves toward eliminating cobalt in its batteries, a … ...
SXSW will attempt to hold its popular festival online in 2021... somehow Photo by Adi Robertson / The Verge
SXSW, the annual tech, music, and film meetup held in downtown Austin was canceled earlier this year due… ...
Tesla to make EV battery cathodes without cobalt Illustration by Alex Castro / The Verge
Tesla will make electric vehicle batteries with cobalt-free cathodes, it announced during its Batte… ...
A guide to platform fees Illustration by Claudia Chinyere Akole
The hidden costs behind your favorite apps, games, and more
Continue reading…
from The Verge - All… ...
0 Response to "US spending on tech booms even as overall purchasing declines"
Post a Comment