Home appliance industry
Article Abstract:
Home appliance sales declined 5% in Jul 1995 over the same period in 1994, although more than 50 million units were sold. Canadian and Mexican economic conditions led to a poor North American market. Unemployment in Europe is keeping demand low, but sales are increasing in the Pacific Rim and Latin America. Stocks in this industry have a mixed performance record for Jun, Jul and Aug of 1995, but several have three-to-five year price potential.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Home appliance industry
Article Abstract:
The home appliance industry is expected to have a better year in 1996 with increased demand and new product development in the US. Europe has become more competitive, however, with brand shifting, weak consumer confidence, and high unemployment. East Asia, especially India and China, is now a major market for appliances with a 10% to 12% rate growth per year. These stocks have underperformed the market in 1995, and must be carefully selected.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Home appliance industry
Article Abstract:
Home appliance manufacturers enjoyed record financial performance in 1994, but domestic sales growth is expected to be relatively flat for the foreseeable future. Manufacturers are hopeful that internal cost control measures will help their bottom lines, as well as significant market opportunities in Asian and European markets.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
User Contributions:
Comment about this article or add new information about this topic: