FYI
Briefly..... As consumer interest in environmentally friendly products grows, retailers have an opportunity to pocket some “green”
-- Casual Living, 10/1/2008 12:00:00 AM
Briefly.....
As consumer interest in environmentally friendly products grows, retailers have an opportunity to pocket some “green” — consumer’s shopping practices are sure to reflect their increasing desire for organic, eco-friendly, green products.
According to Penn, Schoen & Berland Associates’ Green Brands Survey, four out of five consumers believe it is important for companies to implement environmentally friendly practices.
Several major retailers of outdoor wooden furniture are doing just that — moving toward products that come from sustainably, well-managed forests, according to the National Wildlife Federation. The Forest Stewardship Council logo provides the assurance of eco-friendliness to these products.
Unemployment
Seasonally adjusted annual rate
| National | 2008 | |
| August | 6.1% | |
| July | 5.7% |
Consumer credit outstanding
Percent change at annual rate
Seasonally adjusted
| 2007 | 2008 | ||||||
| Q3r | Q4r | Q1r | Q2r | Mayr | Juner | Julyp | |
| r = revised; p = preliminary | |||||||
| Total | 7.5% | 4.0% | 5.3% | 4.4% | 3.3% | 5.1% | 2.1% |
| Revolving | 8.5 | 7.7 | 7.7 | 3.5 | 7.1 | 3.5 | 4.8 |
| Nonrevolving | 6.9 | 1.8 | 3.8 | 5.0 | 1.1 | 6.1 | 0.5 |
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
Housing Unit numbers in thousands
Seasonally adjusted annual rate
| Permits | United States | Northeast | Midwest | South | West |
|
July ’08 numbers are preliminary
Source: Bureau of the Census and National Assn. of Realtors |
|||||
| July ’08 | 937 | 108 | 150 | 478 | 201 |
| Change from July ’07 | -32.4% | -30.3% | -27.9% | -30.3% | -40.4% |
| Starts | |||||
| July ’08 | 965 | 174 | 154 | 447 | 190 |
| Change from July ’07 | -29.6% | 13.0% | -35.6% | -30.6% | -43.1% |
| New home sales | |||||
| July ’08 | 515 | 50 | 67 | 276 | 122 |
| Change from July ’07 | -35.3% | 4.2% | -36.2% | -35.8% | -42.7% |
| Existing home sales | |||||
| July ’08 | 5,000 | 900 | 1,120 | 1,850 | 1,130 |
| Change from July ’07 | -13.2% | -11.8% | -17.0% | -18.1% | 0.9% |
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