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American Household Spends $1,200 Annually On Gadgets
A study conducted by the Consumer Electronics Association (CEA) has determined that the average American household spends approximately $1,200 annually on electronics products. The study, which also provides insight into the popularity of various kinds of consumer electronics products, was devised and conducted by CEA Market Research in February.
According to the study, televisions are the most popular consumer electronics product, and can be found in 92 percent of American households. HDTVs, which significantly increased in popularity this past year, can already be found in 25 percent of American households. Mobile phones, which are owned by 76 percent of American households, are also amongst the most common consumer electronics devices.
The study also determined that the average teen spends approximately half of their total discretionary income on consumer electronics products, and households with teenagers and children typically exceed the national average expenditure of $1,200 by up to $500, likely due to digital audio player and cell phone purchases.
Photo by images.dixons.com.
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