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FYI

BRIEFLY.....

According to a recent survey conducted by the Hearth, Patio & Barbecue Association, 76% of consumers say fall is the prime time for grilling because the cooler weather is more conducive to outdoor eating.

With the holiday season approaching, and warm weather lingering in several parts of the country, casual retailers have the opportunity to cash in as gift givers, grilling enthusiasts and outdoor entertainment connoisseurs search for just the perfect gifts for their friends and family.

Casual Living's Exclusive 2007 Consumer Buying Trends Survey revealed the top three characteristics consumers look for when shopping:

  • A wide range of product choices

  • Good customer service

  • Ability to take product home the same day they buy it

So as the holiday season approaches, Retailers… Get Ready, Get Set, Go!

Q3r Q4r Q1r Q2r Juner Julyr Aug.p
2006 2007
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
Total 5.3% 4.5% 4.9% 4.9% 5.1% 4.7% 5.9%
Revolving 6.5 7.8 5.9 6.3 7.1 7.5 8.1
Nonrevolving 4.7 2.6 4.4 4.1 4.0 3.1 4.7


Permits United States Northeast Midwest South West
September '07 Permits and Starts numbers are preliminary; August '07 new and existing home sales numbers are preliminary
Source: Bureau of the Census and National Assn. of Realtors
September '07 1,226 141 207 612 266
Change from Sept. '06 -25.9% -14.0% -16.9% -26.4% -35.0%
Starts
September '07 1,191 141 174 619 257
Change from Sept. '06 -30.8% 2.9% -34.8% -33.9% -32.4%
New home sales
August '07 795 74 135 407 179
Change from Aug. '06 -21.2% -14.0% -11.2% -27.1% -16.0%
Existing home sales
August '07 5,500 1,000 1,280 2,200 1,010
Change from Aug. '06 -12.8% -5.7% -10.5% -12.7% -21.7%


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