Providing market intelligence for more than 35 years

Rocky Mountain News

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

Previously In The News

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

Harry Wang, director of research at Parks Associates, which tracks the industry, said that by the time the economic reality sank in during the late summer, it was too late for panel makers to shut d...

Wide-range WiMax may spur wireless broadband revolution

It's dubbed WiMax. And boosters predict this much-hyped technology will usher in a new revolution in high-speed wireless communications.  It's a revolution that could be significant for Colorado, wi...