08.18.2006 12:00 AM
Shapiro: Mid-Year Numbers Show Continued Robust Growth in CE Industry
CEA forecasts total CE factory-to-dealer sales to reach $140 billion in 2006, an eight percent growth over 2005, as shown in figures released today by CEA in its semi-annual U.S. Consumer Electronic Sales and Forecasts Report.
According to CEA Market Research, final year-end totals reached $128 billion in 2005, making 11 percent growth over 2004.
"The mid-year numbers show continued robust growth in the CE industry, category to category," said CEA President and CEO Gary Shapiro. "Consumers are embracing new technologies in this digital age, as they make new or upgrade purchases for the home, the car, the office or anywhere."