Consumers Plan to Reduce Electronics Spending in 2009
The Wall Street Journal has a report that cites data from Forrester Research that found people are planning to cut back on their electronics purchases in 2009. Some highlights of Forrester's findings include:
66% of respondents less likely to purchase satellite radios
62% less likely to buy a portable GPS
63% of respondents said they are less likely to a smart phone
62% less likely to buy a new video game console
45% have post-poned plans to buy a new PC
Things are a little better when you starting talking tvs with 44% of respondents saying they haven't changed plans to purchase a new set. But overall it is clear that electronics are not going to be immune to the recession.
