Section II. The Demand for Domestic Appliances

Anonymous

National Institute Economic Review, 1967, vol. 40, 44-54

Abstract: The original article was prepared during 1960 and published in November of that year; it dealt with the prospects, up to 1970, for sales of television sets, refrigerators, washing machines and vacuum cleaners. Its main conclusion was that “ the period of rapidly expanding sales is over for these four appliances. Taking them together, sales rose about 18 per cent a year (at constant prices) from 1950 to 1955, and 15 per cent a year from 1955 to 1959; the prospect for 1959 to 1965 is for a rise of 2½-5 per cent a year, with no acceleration likely in 1965-70. Output is likely to go up a little more slowly than sales, since supplies were rising well above sales in 1959 ”.

Date: 1967
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