Recent Study: Refrigeration Appliances in the US
Consumers continued to consider the economic situation with some circumspection throughout 2012. With housing starts and employment showing only modest gains and varying consumer confidence. As such, sales of refrigeration appliances remained flat. However, current value sales grew by 3% to reach US$12.0 billion. The growth in value sales was attributed to increases in unit prices, which manufacturers passed on in part due to rising costs, as well as an attempt to boost operating margins.
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