Industry Analysis & Industry Trends
Industry companies directly experienced the adverse effects of the housing market contraction, weak consumer spending on durable goods and rising import penetration early in the five-year period, with revenue continuing its decline through 2011. However, improvements in underlying demand from a recovering housing market and disposable income growth have facilitated the industry's recovery. In the next five years, the continued recovery of the US housing market will lead to greater emand, propelling industry revenue. Additionally, new energy-efficient products will drive industry revenue... purchase to read more
Industry Report - Industry Locations Chapter
Population trends and transportation access
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, benefiting from its comparatively low wages. 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... purchase to read more