Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

South Korean Spending on Durable Goods Increases
Mar 29, 2006
 Printable format
 Email this Article
 Search

South Korean households' spending on durable goods increased nearly 12 percent in the fourth quarter of 2005, pointing to a fast pace of recovery in domestic demand, a central bank report said, according to Asia In Focus.

According to the Bank of Korea, household spending on durable goods, including flat-screen TVs and cars, increased 11.5 percent in the 3-month period from October to December 2005.

The bank said it was the highest growth rate since the 21.9-percent rise for the first quarter of 2002, when a consumer credit bubble hit the region. Following the collapse of the credit bubble in late 2002, household spending on durable goods contracted for seven consecutive quarters from the January to March period of 2003.

Back to Daily News

 

Daily News

...........................................................

Apr 18, 2014: Spectrum Brands CEO Lumley Joins Husqvarna Board

Apr 17, 2014: GE Appliances 1Q Revenues Down 3%

Apr 17, 2014: Remodeling Growth Expected to Continue

Apr 17, 2014: HVAC/R Contractors Outlook Holds Steady

Apr 17, 2014: Appliance Store Sales Down Slightly in March

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows