The weak rebound in spending on consumer durables
after the recession of 2007-09 can be partly attributed to a diminished sensitivity of such spending to interest rates.
CHENNAI -- With prices of white goods rising 8% to 15% in the past year, consumer durable
prices have gone beyond the threshold limits of buyers of low-end and high-end products, pushing in the need for financing purchases.
One reason that economists watch durable
goods consumption is that it leads GDP over the business cycle.
Multi-national companies (MNCs) with superior technology and better quality control account for a market share about 70 per cent of the overall consumer electronics and durables
market in India and maintain a strong hold on the urban middle class segment growing at about 12 to 15 per cent.
C'est le 26 juin 2008 que la toute premiere Loi federale sur le developpement durable
(LFDD) (1) a recu la sanction royale.
Market research firm GfK has published a report on consumer durable
products that are forecast to be the most popular gifts for Christmas 2006.
One of the leading obstacles to a recovery in household expenditure on durables
is a lack of confidence in the governments handling of the economy.
The surge in spending had lifted the growth of the stocks of many types of consumer durable
goods and business capital equipment to rates that could not be continued.
That year, there were 126,592 manufacturing jobs in the Valley, 89,258 of them in the durables
The court pointed out that the consumer durables
were dissimilar to assets for which the income forecast method is permissible, because the consumer durables
were leased for fixed terms, and the income stream produced was relatively steady.
In the Southeast, the above-average increase in nonfarm payrolls was mainly accounted for by both durables
and nondurables manufacturing, construction, and the finance group.
How are the Indian shoppers reacting to these changes in the retailing of consumer durables
and information technology products?