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 ?
All indicators show 2018 will be a robust year for housewares introductions that will create excitement at retail.
To turn the spotlight on growing opportunities in the category for retailers and store brand manufacturers, the Private Label Manufacturers Association is launching a special exhibition of housewares, kitchen and home products from a wide range of U.
Premier Housewares is part of a family run group of companies with over 50 years of trading experience and prides itself as one of the UK's leading suppliers and distributors of housewares and home lifestyle products to the retail trade.
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.
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.
Below is additional data from IHA's report that illustrates the total expenditures and growth in housewares subcategories that are sold in a large number of home improvement stores.
Housewares, including such categories as china, flatware, glassware and nonelectric cookware, with expenditures of $7.
Small kitchen appliances and cookware are the cornerstones of the housewares category.
In fact, according to a report compiled by the International Housewares Association (IHA), consumers arc still spending discretionary money on their homes, including home organization and home improvement projects.
That production of molded housewares is off only slightly this year is remarkable, given the prevailing business conditions that have historcally affected this market.