Tuesday, September 02, 2008

Economy slows home entertainment, automation growth

Rocky Mountain NewsA Parks Associates survey of 1,090 U.S. households earlier this year showed that home theaters remain popular and that they are more recession-proof than several other categories of consumer electronics.

"I think that the notion of cocooning (at home) also resonates well in hard times," wrote analyst Kurt Scherf.

From the article, "Economy slows home entertainment, automation growth" by Jeff Smith

Next: HDTV costs fall, but will people buy?: Discounts likely during holidays amid weak economy, high inventory
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