Statistics on Consumer Durables Manufactured, By Season
Historically, consumer confidence and the willingness of American and European customers to increase both production and consumption of consumer durables have had a sizable impact on the health of the American and EU economies, as well the broader global economy. However, a notable feature of the recent global downturn was a significant decrease in the demand for consumer durables (Black &Cusbert, 2010).A comprehensive awareness of the general patterns of consumer durable purchasesisimportant for American economists due to their connectivity to the domestic and global economies.While there have been studies outlining the effects of consumer durable purchases on business cycles and productivity growth, none has presented variations and trends in consumer durables by month. Awareness of the most likely seasons to export consumer durables would be particularly useful to foreign consumers, who stand to benefit from knowing the most cost-effective times to buy industrial products from American producers.
Baxter, M. (February, 1996). Are
Consumer Durables Important for Business
Cycles? The Review of Economics and Statistics,
Beblavy, M. (2007). Monetary Policy in
Central Europe. New York, NY: Routledge
BLACK, S. & CUSBERT, T.
(SEPTEMBER, 2010). DURABLE GOODS
AND THE BUSINESS CYCLE. RESERVE
BANK OF AUSTRALIA, 13-18.
Bureau of Economic Analysis. (2010).
Customer Guide. U.S. Department of Commerce.
Measuring the Nation’s Economy. Economics
and Statistics Administration.
Bureau of Economic Analysis.
(September, 2003). US Department of
Commerce: Fixed Assets and Consumer Durable
Goods in the United States, 1925-97. US
Government Pricing Office: Washington, DC.
CNN Money. (2013). Consumer
Durables sector data. A Service of CNN, Fortune,
Cole, A. (1962). Durable Consumer
Goods and American Economic Growth.The
Quarterly Journal of Economics, 76(3), 415-423.
Diewert, W., Greenlees, J., & Hulten, C.
(2010). Price Index Concepts and Measurement.
National Bureau of Economic Research.Studies in
Income and Wealth, Volume 70. University of
Chicago Press: Chicago, IL.
Electrolux. (2010). Consumer Durables
Europe, Middle East and Africa. Annual Report
, Part 1: Operations, Business Areas, 20-21.
Eurostat -European Commission. (2009
edition). Consumers in Europe-Luxembourg:
Office for Official Publications of the European
Communities. Theme: General and regional
statistics. Collection: Statistical books.
Federal Reserve Bank of St. Louis. (2013).
Value of Manufacturers' New Orders for
Consumer Goods: Consumer durable goods
industries. Economic Research.
Feldman, R., Watson, C., & Doyle, P.
(2002). Into the EU: Policy frameworks in
Central Europe. International Monetary Fund
Publication Services: Washington, DC.
Folsom W. (2005). Understanding
American Business Jargon: A dictionary. 2nd
edition. Greenwood Publishing Group: Westport,
Gordon, R. (2007). The Measurement of
Durable Goods Prices. National Bureau of
Economic Research. University of Chicago Press:
Chicago, IL.Hall, A. (June, 2013). Personal
communication. Section Chief, Manufacturing
and Construction Division: Manufacturers’
Shipments, Inventories, and Orders Survey (M3).
U.S. Census Bureau.
Helper, S., Krueger, T., & Wial, H. (
February, 2012). Why Does Manufacturing
Matter? Which Manufacturing Matters?: A policy
framework. Metropolitan Policy Program at
Institute for Supply Management. (2013).
U.S. Department of Commerce Makes Annual
Adjustments to Seasonal Factors for ISM
Manufacturing PMI and Diffusion Indexes and
ISM Non-Manufacturing NMI and Diffusion
Indexes. Supply Chain Resilience Series.
Jalava, J. & Kavonius, K. (September,
. The Effect of Durable Goods and ICT on
Euro Area Productivity Growth. Working Paper
Series, No. 940. European Central Bank.
Jovanovic, M. (2002). Geography of
Production and Economic Integration. Routledge
Press: New York, NY.
Market Monitor. (March, 2012). Credito
y Caucion. Atradius Group. Focus on Consumer
Durables Retail Current Performance and
Mishkin, F. (1978). Consumer Sentiment
and Spending on Durable Goods. The Brookings
Institution. Brookings Papers on Economic
Activity, 1, 217-232. University of Chicago.
Reuvid, J. (2006). Corporate Investment
Opportunities in the New Europe. Kogan Page
Limited Publishing: London, UK.
Savage, C. (June, 2013). Chief,
Manufacturers' Shipments, Inventories and Orders
Branch (M3) Manufacturing and Construction
Division: U.S. Census Bureau.
Tran, V. (2005). Advances in Household
Economics, Consumer Behaviour And Economic
Policy. Ashgate Publishing Ltd.: Burlington, VT.
U.S. Census Bureau. (2012). Statistical
Abstract of the United States. Income,
Expenditures, Poverty, and Wealth. Section 13,