Digital cameras surge as top gift of 2004
Americans flock to digital cameras as the season’s hot electronics gift. boosted by aggressive pricing and features like image stabilization, buyers flock to models such as Canon 3.2 megapixels 10X zoom at Best Buy, while Kodak vies with Sony for U S leadership. Industry forecasts see strong growth into 2005 and beyond.
MENTIONED IN THIS ARTICLE
Rochester
N.Y
Consumer Electronics Association
Marityn Smith
Hawaii
Brad
Smith
Best Buy
Canon
United States
Chris Chute
IDC
Framingham
Mass
Chute
Eastman Kodak Co
Kodak
Marvin Liedy
Amherst
Americans face rising retirement save targets and low rates
Americans save 0.2 percent of disposable income, the lowest since 2002, prompting reassessment of retirement funding. T. Rowe Price advises saving 15 percent of gross pay to replace half of pre retirement income, with higher rates needed for late starters. Projections assume 60/40 stock bond mix and long horizons, with Social Security and pensions as partial sources.
MENTIONED IN THIS ARTICLE
T. Rowe Price Associates
Mutual Fund Company
Christine Fairlund
Price
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