TITLE

SHOPPERS WANE AS HOUSING DECLINE GRIPS US

AUTHOR(S)
Kamalick, Joe
PUB. DATE
May 2007
SOURCE
ICIS Chemical Business;5/14/2007, Vol. 2 Issue 66, p15
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article warns that the U.S. housing decline has begun to affect other parts of the economy. National Association of Manufacturers (NAM) chief economist David Huether points out that the weakening employment condition shows the effects of a downturn in housing, as well as a slowdown in demand for motor vehicles and industrial equipment. He adds that the ongoing downturn in housing is beginning to negatively affect consumer demand.
ACCESSION #
25393709

 

Related Articles

  • Consumers' Last Hurrah? Samuelson, Robert J. // Newsweek (Pacific Edition);11/4/2002 (Pacific Edition), Vol. 140 Issue 19, p46 

    Comments on consumer spending in the United States. Idea that they are combating economic stagnation with stimulus; Opinion that the economic outlook is dismal because of weak retail sales, decline in consumer confidence, and slow consumer credit growth; Topics of the stock market and low...

  • Cracking the Whip on the Economy. Blanchard, Dave // Material Handling Management;Feb2010, Vol. 65 Issue 2, p48 

    The article focuses on the recovery of the economy from the crisis. It mentions that consumer spending, personal income and jobs in the manufacturing sector have increased in January 2010 due to the increase of production in the inventory restocking after the 2009 crisis. Meanwhile, chief...

  • The Dreaded "R" Word. Pinkham, Christopher W. // Maine Community Banker;2008 2nd Quarter, p4 

    The author asserts that the U.S. will recover from the recession it is experiencing in 2008. He notes the importance for banks to prepare for the economic recovery. He cites that issues that must be considered by banks while preparing for the economic recovery, including increase spending and...

  • 48-Volt Systems Find Production in 2015; Penetration Will Be Slow.  // Hansen Report on Automotive Electronics;Jul/Aug2014, Vol. 27 Issue 6, p1 

    The article reports that the high-end European carmakers will not use 48 volts for fuel efficiency. Some high-end carmakers will first use 48 volts to allow optional features, which buyers will be willing to pay extra for. The biggest driver over the long term will be meeting the stricter carbon...

  • Manufacturing job loss continues. Reitz, Victoria // Machine Design;10/9/2003, Vol. 75 Issue 19, p64 

    Reports on the continued level of manufacturing job loss in the U.S., despite a decline in overall unemployment rate in July 2003, as reported by the Labor Department, according to economist David Huether. Number of jobs terminated by the sector; List of manufacturing sectors that suffered...

  • U.S. Manufacturing's Still in the Game. Triplett, Tim // Metal Center News;Nov2007, Vol. 47 Issue 12, p6 

    The article focuses on the state of the manufacturing industry in the U.S. Daniel Ikenson of the Cato Institute reported that the industry has been experiencing growth since the recession in 2002. David Huether of the National Association of Manufacturers argued that the industry has flourished...

  • Can't Find Good Help? Baylon, Alex // Motorcycle & Powersports News;Oct2015, Vol. 41 Issue 10, p40 

    The article offers the author's view on hiring technicians in the powersports industry as well as advice to employers on focusing on out-of-state applicants.

  • THE SIGNALS REMAIN MIXED.  // Fortune;10/30/1995, Vol. 132 Issue 9, p48 

    Provides statistical information on the economic conditions of the U.S. for 1994 and 1995. Growth of consumers' spending power; Return of new home sales and motor vehicle sales to healthy levels.

  • OFF-ROAD ENTHUSIASTS: YOUR CUSTOMER IDENTIFIED. Long, Catherine // Off-Road Retailer;May/Jun2005, Issue 5, p18 

    Presents the results of a survey focusing on the buying power trends and buying habits of off-road vehicle industry customers. Overview of the survey respondents; Common off-road vehicle product purchases; Anticipated spending on off-road products.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics