I suspect that its growth contribution will rebound a bit in the fourth quarter as demand for non-durable goods
tends to be pretty steady and its contribution to growth this quarter was below its overall share of the economy.
Further testimony to the trying business conditions faced by non-durable goods
retailers is the fact that the vast majority of the participants in the Ernst & Young / BER Retail survey reported that overall profitability levels slumped during the third quarter of 2012," said Engelbrecht.
Annual real interest rate of approximately 30 percent might also have made the consumers reluctant to borrow from the banking sector particularly for purchasing semi-durable and non-durable goods
The segmentation of the Corrugated Box market in the US by applications is as follows: -- Food Products and Beverage Packaging -- Electrical Goods Packaging -- Personal and Household Care Goods Packaging -- Glassware and Ceramics Packaging -- Paper Products Packaging -- Chemicals Packaging -- Textile Goods Packaging -- Other Non-durable Goods
Packaging TechNavio's report, the Corrugated Box Market in US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts The report covers the landscape of the Corrugated Box market in US and its growth prospects in the coming years.
2 percent increase in spending on non-durable goods
such as clothing and a 0.
They are followed by the industries producing intermediate goods and industries producing non-durable goods
, by 24.
7 percent in the manufacturing of non-durable goods
Employers in non-durable goods
manufacturing plan to reduce staffing levels, while hiring in transportation/ public utilities, finance/insurance/real estate, education, services and public administration is expected to remain unchanged.
Durable goods manufacturing was on an upward trend, while non-durable goods
Severe deterioration in real household income over the past year has forced families to substantially reduce spending on food, beverages, and other non-durable goods
Sales of household electronic products should rise in the range of 5 to 10 percent while expenditure on non-durable goods
should grow in the range of 2 to 4 percent this year.
The very slow pace of demographic expansion in the eurozone will be reflected in sluggish demand for non-durable goods