Consumer confidence within the sports and fitness industry continues to
rise as more consumers plan to participate in physical activity
according to the latest SFIA Q4 Pulse Report. Data from the recently
released report reveals that consumer confidence
in the sports and fitness industry has risen for the fifth straight
quarter.
With the future participation index rising to its
highest mark since the launch of the Sports & Fitness Confidence
Index (SFCI), consumers are planning to spend more in the coming months.
The report is available to SFIA members here.
“The
first few months of 2013 will be a strong indicator of things to come
once we determine if consumers actually follow through with their stated
intent to spend on equipment and increase their sports and fitness
activity levels,” said VJ Mayor, SFIA Director of Marketing and
Communications.
Other key findings within the SFIA Q4 Pulse
Report reflect a significant decrease in the Industry Confidence Index
from its traditionally very high confidence levels. However, the
footwear category remained strong and planned spending for the three
categories (apparel, footwear, equipment) tracked are at their highest
levels since the study began five quarters ago.
“Although the
overall SFCI is down due to a drop in the Industry Confidence Index, we
remain optimistic due to the upward trend in the Consumer Confidence
Index caused by a planned increase in spending and participation,” added
Mayor. “Government policy to address the debt ceiling and sequester
obligations remains an unpredictable, but significant influence on both
consumer and industry indices. As we continue to build on the five
quarters we currently have tracked, the SFCI data will only become
increasingly more useful and valuable to the industry,” said Mayor.
Through SportsOneSource media.
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