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Despite Bright Spots, Slow Consumer Market Recovery

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The companies that Bishop tracks in this market segment grew an average of 1.6% in the first three quarters of 2011 over the first three quarters of 2010, and the combined net income was a mere 0.3% (down 92% year-over-year). Of the 13 market sectors that Bishop tracks, Consumer saw the second-slowest rate of growth.Although retail sales were up this past holiday season, year-over-year, the struggling world economies are still heavily impacting this market. The consumer market includes entertainment electronics, such as TVs, games, and music players; home electronics, such as exercise equipment; consumer electronics, including major appliances; and personal electronics, such as hair dryers. In tough times, these are items that consumers can do without. more

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