New Market Research Report: Consumer Appliances in the US
The Great Recession had an interesting impact on the ways in which millennials and baby boomers contributed to spending on major and small appliances. High unemployment for the young, millennial generation postponed many major life choices, such as marriage, babies and real estate. This delay contributed to slow to declining growth of major appliances, but also steady gains in small appliances. For many baby boomers, the effects of cocooning contributed to investment in remodelling and home...
View full press release