follow us

FYI

Briefly.....

The trend of extending indoor spaces outdoors has exploded with consumers. Many have made their outdoor space the place to be for relaxation and entertaining.

According to Casual Living and HGTV’s exclusive 2008 Consumer Views Survey, consumers living in the South and West use their outdoor patio the most while those living in the Northeast and Midwest entertain most often on a deck. With spring on the way, many consumers are beginning to think about their outdoor decor.

According to a new survey conducted by sister publication Furniture/Today and HGTV, more than one-half of consumers want to redecorate their outdoor space in 2009.

Consumer credit outstanding
Percent change at annual rate Seasonally adjusted

2008 Q1r Q2r Q3r Q4p Oct.r Nov.r Dec.p
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 4.8% 3.9% 1.2% -3.1% -1.0% -5.1% -3.1%
Revolving 7.6 3.5 4.5 -5.4 0.1 -8.5 -7.8
Nonrevolving 3.1 4.2 -0.7 -1.7 -1.6 -3.1 -0.2


Housing
Unit numbers in thousands
Seasonally adjusted annual rate

Permits United States Northeast Midwest South West
December ’08 numbers are preliminary
Source: Bureau of the Census and National Assn. of Realtors
Dec. ’08 549 61 83 285 120
Change from Dec. ’07 -50.6% -54.5% -50.0% -49.1% -52.2%
Starts
Dec. ’08 550 62 80 277 131
Change from Dec. ’07 -45.0% -38.6% -41.6% -49.5% -38.5%
New home sales
Dec. ’08 331 28 51 181 71
Change from Dec. ’07 -44.8% -50.0% -31.1% -46.0% -47.4%
Existing home sales
Dec. ’08 4,740 720 1,040 1,740 1,250
Change from Dec. ’07 -3.5% -14.3% -10.3% -11.2% 31.6%


Other Home Furnishings Sites

Casual Living
Gifts and Decorative Accessories
Home Accents Today
Kids Today
Home & Textiles Today