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TWICE: Consumer confidence in technology and consumer electronics jumped, while confidence in the overall economy fell slightly in September, according to the latest figures from the Consumer Electronics Association (CEA) and CNET.

The CEA-CNET Index of Consumer Technology Expectations (ICTE) climbed more than 6 percent this month. The ICTE reached 83, bringing it near its level from the same period last year.

The ICTE, which has climbed in five of the past six months, shows that expectations for buying CE products and services and spending more on these purchases both went up in September.

“The disposition of consumers towards spending on technology is improving at the right time for retailers and manufacturers with the holiday shopping season approaching,” said Shawn DuBravac, CEA’s economist and research director. The CEA-CNET Index of Consumer Expectations (ICE) fell 1.7 percent to 169.3 in September.

The ICE, which measures consumer expectations about the broader economy, is down 2.7 points from this time last year, but has climbed in three of the last five months.

“The overall mood appears mixed in September, as many consumers are still guarded in their optimism about the overall economy and their future economic health,” said DuBravac. “Concerns over personal employment jumped significantly in September, driving the overall index lower.” The CEA-CNET indexes are comprised of the ICE and the ICTE, both of which are updated on a monthly basis through consumer surveys.

New data is released on the fourth Tuesday of each month. CEA and CNET have been tracking index data since January 2007. Current and past indexes, charts, methodology and future release dates are available at http://www.ceacnetindexes.org.

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TWICE: Consumer confidence in the overall economy improved in August, said the Consumer Electronics Association (CEA), as consumer confidence in technology and CE rose in the same period.

This was according to the CEA-CNET Index of Consumer Expectations (ICE), which reached 172.2 in August. CEA said this was a jump of more than 6 points from July’s yearly low.

The ICE is said to measure consumer expectations about the broader economy. CEA said the ICE is up 6.5 points from this time last year and has climbed in three of the last four months.

“Consumers are feeling more confident of an economic recovery as the recession comes to an end,” said Shawn DuBravac, CEA’s economist and research director, in a statement.

“In particular, consumers are feeling more optimistic about the broader economy, their own financial wellbeing and importantly, are feeling more secure in their own jobs. Improved confidence in job security should buoy purchase decisions moving forward.”

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