2012beof-111206092256-phpapp02

An 85 gain in national 2011 second quarter corporate

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Unformatted text preview: me increases spending on electronic equipment repairs. An 8.5% gain in national 2011 second quarter corporate profits indicated optimistic growth for the subsector, while retail sales of consumer electronic products remained stagnant. In addition, household goods, also a small portion of the total sector’s employment, is expected to experience more robust growth as consumer confidence increases. Commercial machinery includes agricultural and other heavy industrial machinery and equipment (e.g., forklifts, machine tools, construction equipment, and mining machinery). The weak construction industries has slowed growth in the sector as less equipment use yields lower demand for repairs. Sector employment is expected to increase through 2012 as consumers’ disposable income increases, and many individuals and firms opt to repair their equipment and machinery. Personal and Laundry Services Four types of services form the core of the Personal and Laundry Services industry: death care services, dry cleaning and la...
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