However, on the other side the coin, this would put the the 2012-to-2013 growth rate lower than the growth rate from 2011-to-2012, which ended up being about 4%. However, in these economic times, any growth rate is a welcome sign, especially for retailers.
Digging further down, it looks like gift buying in consumer electronics category will be heavily shewed towards portable devices, such as earphones, smartphones, tablets, and game consoles amognst both teens and adults. TVs and home theater gadgets didn't make the top five on either wishlist, which is disappointing.
However, when you take into account the billions that will be spent, there will still be lot of TVs and home theater products purchased.
For more details on the CEA's 2013 CE Holiday Purchase Patterns Study, read their Official Summary.