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Are You Buying More Home Entertainment in a Recession?
If you're not spending as much on the town, you might be spending more at home.
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January 20, 2009 | by Jason Unger

With most Americans tightening their wallets during a recession, electronics stores are feeling the pinch.

The Consumer Electronics Association (CEA) lowered its Q4 growth forecast from 3.5 percent to a non-existent 0.1 percent, and online holiday sales slipped, according to comScore.

But there’s a theory that says that, when we’re not spending as much money going out on the town, we’ll spend it on better gear at home. We want to have a great time, so we’ll spend the money on something we’ll use over and over again.

Maybe you signed up for Netflix, invested in a better HDTV or bought a new Blu-ray player. But is this theory actually true in reality?

So, we want to know: are you buying more home entertainment in a recession?

Answer the poll below, then let us know why in a comment.


Poll
Are you buying more home entertainment in a recession?



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Comment (1)
Posted by leonreno  on  01/25/09  at  08:17 PM

A poll done on this website will be skewed, no doubt.  People who are browsing this site are more likely looking for what to buy now or in the future.  This poll will not be a good cross section of the total consumer market.



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