Industry Analysis & Industry Trends
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. Appliance manufacturers will continue to face rising input costs, however, particularly plastic. With financial assistance from federal tax credits expiring, many operators will cope by moving their production to lower labor-cost countries, such as China or Mexico... purchase to read more
Industry Report - Industry Locations Chapter
The geographic distribution of establishments primarily engaged in major household appliance manufacturing has generally followed major population centers. The Southeast has 35.9% of the industry's establishments and accounts for 25.4% of the US population. Tennessee alone holds 19 establishments.
The West and Great Lakes regions hold the second- and third-largest number of establishments. These regions not only have large populations, but also benefit from their proximity to large ports, providing easy access to imports and transports. The Great Lakes region, which accounts for 23.4% of all establishments, enables easy access to Canada, with the majority of all merchandise trade between the US and Canada traveling through Detroit by land and sea... purchase to read more