Question of the Week 1 minuteFree ReportHow Much Do Consumers Spend on Small Electric Household Appliances in the US? Coresight Research July 27, 2020 QUESTION OF THE WEEK: How Much Do Consumers Spend on Small Electric Household Appliances in the US? US consumers spent $9.4 billion on small electric household appliances in 2019, up 5.3% year over year, according to the Bureau of Economic Analysis. Spending in this category grew at a CAGR of 5.6% between 2016 and 2019, and we estimate year-over-year growth of 3.8% in 2020, taking spending to $9.7 billion. This document was generated for Other research you may be interested in: 10 US Consumer and Retail Trends 2024 Across Four Focus AreasWeinswig’s Weekly: What’s Happening with US Retail Inventories?Earnings Insights 1Q23, Week 6: Five Below, Lululemon and PVH Post Strong Results; Capri Holdings, Macy’s and Nordstrom See Sales DeclineSportswear Brands in 1Q23: High Costs and Promotions Erode Margins, but Key Brands Remain Positive for Full-Year 2023
