Casual Living Staff -- Casual Living, May 1, 2010
Nearly 15 million grills were shipped in North America last year according to the most recent figures from the Hearth, Patio & Barbecue Association. That's down about 10% from 2008 but still represents a significant amount of grills shipped.
Considering grilling is one of most popular activities for consumers in the United States, this number will likely increase as the economy continues its recovery. New York-based Easy Analytic Software, Inc. (EASI) is predicting an increase in grill sales of 16.7% over the next five years. And, that's good news for the industry.
According to Casual Living and HGTV's exclusive 2009 Outdoor Spaces Survey, 56% of consumers would include a grill in their ideal home resort — and with the grilling season heating up, many consumers may just add a new grill to their outdoor space.
Consumer credit outstanding
Percent change at annual rate
|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
Unit numbers in thousands
Seasonally adjusted annual rate
February '10 numbers are preliminary
Source: Bureau of the Census and National Assn. of Realtors
|Change from Feb. '09||32.0%||54.1%||23.2%||19.6%||68.2%|
|Change from Feb. '09||39.8%||32.4%||72.2%||21.0%||78.7%|
|New home sales|
|Change from Feb. '09||-13.0%||0.0%||-18.0%||-29.5%||34.8%|
|Existing home sales|
|Change from Feb. '09||7.0%||12.0%||8.8%||6.9%||3.4%|
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