Riddhi Patel, iSuppli:
Spooked by a sputtering economy, an overwhelming number of American consumers are choosing to forgo purchasing what has become the centerpiece of entertainment in U.S. households—a new flat-screen television, according to a new IHS iSuppli U.S. TV Consumer Preference Analysis report from information and analysis provider IHS.
Some other possible reasons:
83% of 45000+ randomly polled U.S. households in the second quarter of 2011 had no intention of buying a new TV in the next 12 months. Good for them.