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 ?
Organizers have announced that there will be a number of new exhibitors joining the companies returning to the show floor to present their housewares products to private label buyers from America's top retailers.
housewares e-commerce buyers were food storage, gadgets, and tabletop categories, with more than one in four buyers purchasing them online, outpacing the industry average.
"The Housewares Consumer Speaks: Syncing Innovation and Marketing With Consumer Need," will include a presentation of the research by Maureen Azzato, editorial director and publisher of HFN, followed by a panel discussion with industry experts about how the housewares industry can better anticipate shifting consumer needs and tastes.
The recently released International Housewares Association (IHA) 2017 State of the Industry Report puts the global housewares industry at $355.4 billion.
A blog post on the International Housewares Association's housewares.org website noted that such companies as Dopper, SSvell and Neolid have introduced water bottles that are as fashionable as they are functional.
The search feature is considerably improved, meaning customers can filter though the over 8,000 products available on Premier Housewares' new website quickly and easily.
Organised by Progressive Housewares magazine in conjunction with the Cookshop & Housewares Association, the Excellence in Housewares Awards have been recognising and rewarding UK retailers, products and suppliers for more than 16 years.
"Supermarkets have proven that they are well-positioned to compete in the housewares world, but there are a few considerations unique to them," says Perry Reynolds, vice president of global trade development for the Rosemont, Ill-based International Housewares Association (IHA).
Located in Jupiter, Florida, Madeira Housewares specializes in the manufacturing and distribution of plantation teak cutting boards utilising raw materials based in Brazil.
19 August 2016 - Delray Beach, Florida-based retail housewares company Architec Housewares has acquired Florida-based wood home products Madeira Housewares and Vermont-based break-resistant serving products supplier Starboard Collection, the company said.
Housewares licensing is often associated with properties emanating from the artist, fashion designer, celebrity (especially chefs), and entertainment/character sectors.
Traffic frequency, along with a spotlight on food and beverages, positions supermarkets as an effective channel to generate sales of housewares, especially kitchenware.