Word: consumerization
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¶ Almost unnoticed by the numbed consumer, meat prices crawled to an alltime high. In New York City last week the average for porterhouse steak was $1.03 a pound, for round steak $1.00. ¶ In Michigan City, Ind., Mrs. Margaret Agnew, 33, had her dentist arrested for assault and battery...
"The outlook," the survey concluded rosily, "is that consumer expenditure . . . will continue in expanding volume . . . It is possible that immediate consumer demand for certain types of durable goods has increased further since the survey, which was taken before the proposed increase in military expenditures."
Therefore, for our own curiosity and interest, as well as Britain's, we decided to find out what American retailers thought about British goods and the present and potential market for them in the U.S. After getting suggestions from some 200 British manufacturers as to what questions should be...
The results were released last week in a 75-page booklet, The Market for United Kingdom Consumer Goods in the United States.
¶ The 8% commodity tax comes off canned fruit, fruit juices, vegetables, soup, fish, meats and poultry, breakfast cereals, spaghetti, macaroni and wheel chairs. This will cost the government $20 million a year, may save the consumer as much as $30 million.