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From Home Furnishing Business
FastFact: Consumer Confidence Creates Demand
December 21,
2015 by in Economic News, Industry 
The ups and downs of consumer confidence impact the spending by consumers on cars, consumer electronics and of course furniture.
While population growth and household formations are the base for spending growth, consumer confidence drives demand for products.
New car sales follows a similar path of consumer confidence showing a 29 percent drop from 2007 to 2009 before climbing year to date in 2015 to an index of 119.
The complete FastFact can be viewed online.