Consumers remain in buying mode

Article Abstract:

Strong consumer confidence helped propel the household durables sector to record sales in 1998. A strong stock market, a stable housing market, and low inflation helped boost consumer confidence. Low interest rates and low unemployment also helped furniture and appliance sales reach new highs in 1998, with records being set in virtually every category. The favorable environment of 1997 and 1998 should continue in 1999, with sales expected to remain strong across the household durables sector.

FURNITURE AND FIXTURES, Furniture and Homefurnishings Stores, Furniture & Fixtures, Furniture & Furnishings Stores, Furniture and Related Product Manufacturing, Furniture and Home Furnishings Stores, Household Appliances, Household Appliance Manufacturing, Industry Overview, Furniture stores, Consumption (Economics), Furniture industry, Home furnishings industry, Home appliances industry, Appliance industry, Appliances

---

Just in time

Article Abstract:

The stagnant US economy has resulted in the decline of the buying power of the US dollar, forcing many people to curtail their spending and factories to reduce their production output. However, there are signs that the economy is on the rebound and will continue to exhibit considerable improvements in the years to come. This can be gleaned from the continuous increase in business spending on capital goods and the sharp rise in applications for home mortgages.

Recessions

---

Onward and upward

Article Abstract:

The economy remains very solid. In 4th qtr, 1998, GDP rose by over 6%. Strong growth is expected to continue in the 1st qtr, 1999, with projected growth set at 4%. Inflation remains minimal and is likely to remain so. Overall, the economy is strong, with consumer incomes and spending on the rise, along with expenditures on housing and business fixed investment. The weak spots, however, are manufacturing and exports.

Gross Domestic Product, Statistics, Financial markets, Monetary policy

Similar abstracts:

• Abstracts: Cash flow forecasting. Qualifying for higher ed financial aid. College savings plan as employee benefit
• Abstracts: Surf's up in Europe. Foster the founder. Access economics
• Abstracts: How do customers judge quality in an e-tailer ? So you think you know your brand? Evolving from value chain to value grid
• Abstracts: Summer reading. Notable books. Books for vacation reading
• Abstracts: Cross-functional project teams in functionally aligned organizations. Want to improve morale? Pay attention to goals, measurements and feedback

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.