NPD Sees Tech Sales Falling
Consumer technology sales will decline 5% this year, after rising 9% in 2021 to $127 billion, said NPD Thursday. The researcher expects declines of 4% in 2023 and 1% in 2024. Near term, NPD expects “slowing demand from the extraordinary…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
rates we have been seeing over the last two years” due to COVID-19 pandemic lifestyle changes, said analyst Stephen Baker.