Home Furnishings in Canada - New Report Available
Two major socio-economic factors continue to play an important role in determining the strength of home furnishings in Canada: consumer confidence and the health of the housing market. Unfortunately both factors were lacking in 2012 and thus growth was hampered across multiple categories in home furnishing. The high Canadian household debt (which was estimated in 2011 by Statistics Canada at a debt to income ratio of 150%) resulted in many consumers remaining cautious about their spending in...
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