Why aren't people 1)putting computers
under the tree this year?
Analysts say
it's a matter of 2)oversaturation.
63 million American homes,
3)fully 60 percent, already have a PC.
And now
they don't see a reason to 4)upgrade.
And it's not just Christmas.
New numbers released today show
5)consumer spending in October
rose just point two percent,
the smallest increase
in six months.
And for the first time in two years,
a decrease in personal income
- more evidence of a slowing economy.
What's happening?
Americans are
not only changing how much they spend,
but also what they buy.
Moving away
from items like personal computers
to services like personal care.
Spending money on sporting events,
entertainment and day 6)spas.
An economy 7)shifting gears,
8)leaving behind
some of the 9)hi-tech items
that once 10)drove it.
This Christmas
PCs are all 11)wrapped up
with no place to go.
Why aren¡¯t people putting computers under the tree this year? Analysts say it¡¯s a matter of oversaturation. 63 million American homes, fully 60 percent, already have a PC. And now they don¡¯t see a reason to upgrade. And it¡¯s not just Christmas. New numbers released today show consumer spending in October rose just point two percent, the smallest increase in six months. And for the first time in two years, a decrease in personal income - more evidence of a slowing economy. What¡¯s happening? Americans are not only changing how much they spend, but also what they buy. Moving away from items like personal computers to services like personal care. Spending money on sporting events, entertainment and day spas. An economy shifting gears, leaving behind some of the hi-tech items that once drove it. This Christmas PCs are all wrapped up with no place to go.