Major Household Appliance Manufacturing in the US - New Market Report Now Available
The recovery in the housing market will bode well for appliance manufacturers. Because new homeowners comprise a significant portion of appliance sales, the anticipated rise in housing starts will bring increased demand to the industry. However, appliance manufacturers will continue to face rising input costs, particularly plastic. With financial assistance from federal tax credits expiring, many operators will cope by moving their production to lower labor-cost countries like China or Mexico.
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