BEA: November Consumer Spending, Expenditures Advance Post Sandy
Friday December 21st, 2012 - 10:22AM
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According to the United States Bureau of Economic Analysis, personal income increased $85.8 billion, or 0.6%, and disposable personal income gained $74.7 billion, or 0.6%, in November. Personal consumption expenditures increased $41.3 billion, or 0.4%.
In October, personal income increased $7.5 billion, or 0.1%, DPI gained $6.4 billion, or 0.1%, and PCE decreased $6.6 billion, or 0.1%, based on revised estimates, BEA stated.
Real disposable income increased 0.8% in November, in contrast to a decrease of 0.1% in October, the bureau noted. Real PCE increased 0.6% in November versus a decrease of 0.2% in the month earlier.
Tags: Housewares Cookware & Bakeware Vacuum Cleaners/Electric Cleaning Health & Personal Care Home Décor Home Environment Small Electrics Organization & Cleaning Tabletop Gadgets & Kitchen Tools Retail
With all the color that has been unleashed on the housewares business this year, asking what the hot colors are is not enough. It’s more important to understand why they might be hot and how they can be applied to generate sustained revenue.