"Consumer electronics continues to be a bright spot as spending increased despite a tough year for the overall economy, " said Brian Markwalter, CEA's vice president of research and standards.

ENGADGET: Shocker: CEA's spending report finds Americans buying more technology

The minivan he's slowly touring through the cul-de-sacs of suburban Detroit is painted bright orange and its roof rack bristles with electronics: a global positioning system antenna, a laser measuring system and 14 digital cameras.

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Wall Street knows me very well, and if I say that Tessera has a very bright future inventing smaller, faster, and cheaper technology for the electronics business, they can take that to the bank.

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Consumer electronics, especially DVD players, were one of the few bright spots of last year's holiday season.

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