Audio Video News

"The consumer spending boom may already have come to an end," says Business Week. But consumers are still spending on TVs, according to data the magazine obtained from the U.S. Bureau of Economic Analysis.

TV purchases are up 4.2 percent since November 2008, in contrast to computers, which are down 2.9 percent. Other winners include bank fees, religious and political activities, phone, medical, and higher education. Other losers include casino gambling (good!), jewelry and watches, foreign air travel, prescription drugs, motor vehicles and parts, alcohol, furniture, clothing and shoes, and food.

The government numbers stand in contrast to a recent private survey which said TV demand is shrinking.