Consumers Still Spending on Gadgets

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According to market research firm NPD, consumers are still spending plenty of money on gadgets this year. The analysts that have been screaming doom & gloom for months are now saying spending is on par (slightly lower) than last year and spending during the holiday season is expected to be 18 – 19 billion dollars.

Market researcher NPD Group said Tuesday Americans spent $4.5 billion on electronic gadgets between Nov. 18 and Dec. 9. This is half a percent lower than last year's figure, but NPD analyst Stephen Baker said everything is "pretty much on track to what we expected it to be."
 
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