Housing Market Exhibits Resiliency
Cabinet & Vanity Sales
Domestic shipments of major home appliances continued to slip downward from last year's record pace, falling 6.4% in March compared to the same month in 2000, the Association of Home Appliance Manufacturers reported. According to the Washington, DC-based AHAM, appliance year-to-date shipments in the first three months of 2001 totaling about 15.9 million units were 9.9% below the pace set in the January-March time period last year. Declines were posted in virtually all appliance product categories, including sales of gas ranges (down 12.5%), kitchen cleanup products (down 8.1%), and food preservation appliances (down 5.5%), AHAM reported.