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Trade group forecast: Electronics hot for holidays

Consumers will spend more this holiday on electronics than they have in each of the last 17 years, with laptops and Apple’s iPad topping wish lists, a leading industry trade group said Tuesday.

The average consumer will spend $232 on electronics gifts from TVs and MP3 players to cameras this year, up 5 percent from last year, according to a holiday phone survey of 1,003 U.S. adults conducted by the Consumer Electronics Association. Get the full story »