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U.S. Consumer Tech Spending to Fall 2.4% in 2023, Tech Trade Group Says

Por: MarketWatch Business January 04, 2023

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At a press conference Tuesday afternoon, Steve Koenig, vice president of Research at CTA, said the tech market faces four primary challenges. The good news, he says, is that supply issues are easing, as China dismantles its Zero Covid policy. But he notes that semiconductor demand is softening, and chip inventories are rising, leading to potential oversupply. He also notes that the U.S. has a shortage of 10 million workers and continues to... + full article



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