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U.S. Appliance Sales Drop

Americans are buying fewer refrigerators, stoves and other household cooking appliances and that’s hurting the nation’s 95 household cooking appliance manufacturers, the U.S. Census Bureau said Tuesday.

Shipments of household cooking appliances were valued at $4.3 billion in 2012, a 10.8 percent decrease from 2007, the Census Bureau said.

Electric ranges, ovens and surface cooking units were the biggest selling household cooking appliances, accounting for 57.2 percent of the value of product shipments in 2012. Gas-fired ovens and ranges accounted for 26.3 percent of shipments.

Refrigerators and freezers are a different sector of the home appliance industry, and the value of that sector’s 2012 shipments was $3.6 billion, down 36.8 percent from $5.8 billion in 2007.

The small electrical appliance manufacturing industry also saw heavy declines over the period. The value of shipments in 2012 was $3.4 billion, down 13.9 percent from $3.9 billion in 2007.

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About Jaime Koch

Jaime Koch was the managing editor of Hardware Retailing Magazine. Jaime regularly traveled around the country and internationally to visit with retailers and share their stories. Jaime was honored by the American Society of Business Publishers for Editorial Excellence.

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