Unexpected Performers during the Recession

Unexpected Performers during the Recession - Surprising...

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1. Home Gardening: Research by Atlee Burpee, the world's biggest seed company, found that $50 of seeds and fertilizer can yield $1,250 worth of produce. Green thumbs agree: Sales at Burpee are expected to jump 25 percent in 2009, while veggie seed sales at Park Seed are up 20 percent this year from 2008. And a National Gardening Association poll shows that the number of households planning to grow their own food in 2009 has increased by 19 percent from 2008. The trade-off? Fewer flowers. With garden space—and budgets—squeezed, flower seed sales are down. Growing your own food cuts down on grocery costs and is also good for the environment as it does away with food miles. Park Seed. Vegetable seed sales are up 20% this year vs. 2008, says Walter Yates, who oversees the company's e-commerce. Says Yates, "Every time this country goes through a recession, there is a surge of folks who want to get back to basics." •Harris Seeds. Home garden vegetable seed sales are up 80% from one year ago, says
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This note was uploaded on 03/07/2010 for the course FIN 3403 taught by Professor Keys during the Spring '10 term at Florida Southern College.

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Unexpected Performers during the Recession - Surprising...

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