follow us

FYI

BRIEFLY.....

According to the calendar, spring is only a few weeks away and for retailers this can be a prime time to spring into action preparing for the upcoming seasons and holidays.

A survey by the American Institute of Architects reports the investment in outdoor living spaces is increasing significantly.

While grills and outdoor dining sets are the main staples of the outdoor space, Casual Living's exclusive 2007 Consumer Buying Trends survey shows conversation groups and fire pits are also popular items for consumers. Many specialty stores are competing successfully with home improvement centers with conversation groups, but haven't had such good luck with the nearly two-fifths of higher income households purchasing fire pits. Opportunity knocks?

Data refer to place of residence
Source: Bureau of Labor Statistics
National 2008 Jan. 4.9%
2007 Dec. 5.0%


r = revised; p = preliminary
Covers most short- and intermediate-term credit extended to individuals, excluding loans secured by real estate.
Nonrevolving credit includes automobile loans and all other loans not included in revolving credit, such as loans for mobile homes, education, boats, trailers or vacations. These loans may be secured or unsecured.
Source: Federal Reserve
2007
Q1 Q2r Q3r Q4p Oct.r Nov.r Dec.p
Total 4.7% 5.6% 7.0% 4.4% 2.7% 8.2% 2.1%
Revolving 5.4 6.8 8.8 9.3 11.1 13.7 2.7
Nonrevolving 4.4 5.0 5.9 1.5 -2.3 4.9 1.8


Permits United States Northeast Midwest South West
December '07 numbers are preliminary
Source: Bureau of the Census and National Assn. of Realtors
December '07 1,068 127 168 544 229
Change from Dec. '06 -34.4% -26.2% -28.8% -34.9% -40.4%
Starts
December '07 1,006 95 146 560 205
Change from Dec. '06 -38.2% -45.4% -35.4% -30.7% -51.3%
New home sales
December '07 604 53 80 330 141
Change from Dec. '06 -40.7% -27.4% -55.8% -36.3% -42.9%
Existing home sales
December '07 4,890 830 1,160 1,970 940
Change from Dec. '06 -22.0% -22.4% -20.5% -20.9% -24.8%


2/14/2008 Last Year 2/15/2007
Dow 12376.98 12765.01
NASDAQ 1974.72 2179.71
Source: Data Network, Huntington, N.Y.
Information and data herein, though believed accurate, is not guaranteed. Data Network is not liable for any inaccuracies.


Featured Video

Other Home Furnishings Sites

Furniture Today
Gifts and Decorative Accessories
Home Accents Today
Kids Today
Home & Textiles Today