-- Consumers Uncertain about spending money on big-ticket purchases --
Charleston, SC March 1, 2006 – The Furniture Buying Index is down another three points to a reading of 75. This is the lowest reading the Index has seen since January of 2002.
Britt Beemer, Chairman of America’s Research Group, said, “At the present time consumers are not interested in big-ticket purchases.” He continued, “Therefore, furniture buying has been impacted by the unsettled consumer.”
The Furniture Buying Index is compiled each month by America's
Research Group from interviews with 5,000-8,000 consumers across
the country. In a typical month, 80 percent of the consumers interviewed
can name a specific furniture item they intend to buy. The Index's
mark signifies what percent of the benchmark 80% actually have a
particular item in mind.
Britt Beemer is chairman of America's Research Group, a full-service
consumer behavior research company based in Charleston, SC. ARG
provides research and strategic planning services to leading manufacturers
and retailers of consumer goods across North America.
For more information call:
C. Britt Beemer
800-723-3253 or REQUEST MORE INFORMATION
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