Housewares Editors' Letter
The political season has come early this year. Turning on the TV and listening to the various cable news commentators may give one an eerie feeling that the ‘sky is falling.’ In this era of lack of bipartisanship and increased polarization, it seems there are those that relish in the negative news, complete with exaggerations and spin. I guess the world will always be divided between those that believe the ‘glass is half full’ versus those that see it as ‘half empty.’
As I travel around the country visiting various tradeshows and speaking with exhibitors and attendees within the consumer technology and health spectrum, I’m starting to get a shifting ‘vibe’ – and it seems like the glass is moving toward becoming half full. Numbers in May seem to indicate that the tide is turning—and this is good news for vendors, retailers, installers and related channels.
The home-building market has always been an excellent indicator of trends and direction. It is relevant to the broader CE marketplace, but also to the large and small appliance business. Whether it’s a new home or a remodeling job, consumers are always looking to enhance their digital lifestyle in relation to the kitchen and food preparation.
Builder confidence in the U.S. market for newly built, single-family homes was up five points in May 2012—and the highest since May 2007, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).