household

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household

a group of individuals whose economic decision-making is interrelated. In economic theory, households perform two roles. On the one hand, they enter the market place as buyers or CONSUMERS of goods and services produced by firms; on the other hand, they provide FACTOR INPUTS to firms in order to produce those goods and services. The term ‘households’ is used primarily in macro- (national income) analysis, while the term ‘consumers’ is used in micro- (supply and demand) analysis. See CIRCULAR FLOW OF NATIONAL INCOME MODEL, PERSONAL SECTOR.
References in periodicals archive ?
The "Global Houseware & Kitchenware Market Outlook: Industry Analysis & Opportunity Evaluation 2016-2027" report has been added to ResearchAndMarkets.com's offering.
She explained how "sensorial wellness" - embracing wellness in living as well as mental and physical health - is increasingly at the forefront of consumers' minds and will become a theme in upcoming houseware designs.
The Ham Giang handicraft village also uses bamboo to produce high-class beds, tables, chairs and other houseware items, all in high demand by restaurants and tourism sites.
To understand the latest developments related to the houseware market, the HKTDC commissioned an independent on-site survey.
I stayed for a bit and worked for a design consultancy in the city that mainly designed houseware and kitchen items for Brabantia, Polder and MoMa Store.
During the recent "GDH Gifts, Decors and Houseware Industry Situationer and Workshop", DTI and UP-ISSI target to complete the roadmap by August 15, 2015.
The Houseware Fair will take place alongside the HKTDC Hong Kong International Home Textiles Fair, a spin-off of the housewares event that debuted last year.
At the same time, North American exhibitors at the show said the Houseware Fair attracts distributors and buyers from seemingly all points of the globe.
AMBIENTE-lnternationale Frankfurter Messe is the top international fair for the tabletop, kitchen, houseware and indulgence sectors.
Omegna, a peaceful strip of land on lake Orta in Piedmont region, owes its niche in houseware to craftsmen who emigrated to Germany in the 18th century to work in pewter, then returned home to set up their own businesses.Aa
One staff member said: "They had trolleys of trees, shrubs and houseware and added sweets, cakes and jams on their way out.
Grades produced using Borstar PP 2G technology have been designed to meet the anticipated demanding food approval requirements of the future." Borstar RJ900MO is particularly suited for thin wall packaging applications in food (dairy, confectionery, convenience food); non-food (cosmetics, media, electronic); houseware containers such as kitchenware and storage systems; and caps and closures, the statement said.