No. | Table Of Contents |
1. | Worries of a trade war |
2. | BDSTX Auction Platforms |
According to Reuters, U.S. retail sales increased by 0.5% in May, a signal that the economy may be gaining momentum after many reports of weak data. Additionally, after publicizing negative losses in April, financial reports have been revised to reflect a positive 0.3% growth in April. A significant portion of this growth was driven by increased motor vehicle purchases. However, consumer electronics and appliances also saw significant increases.
Worries of a trade war
In addition to the ongoing trade wars between the US and China, new research shows that retailers and manufacturers are concerned about the rising costs of exporting and importing. Overall, American consumers may wind up paying much more for imported goods like washers, dryers, and other major appliances in the near future. When buying major appliances, consumers are likely to search for deals because of these increases in costs.
BDSTX Auction Platforms
The world’s leading manufacturers liquidate their overstock and return merchandise through BDSTX, our online auction platform aid in keeps inventory moving and helping manufactures avoid reaching overflow. Boswell Data Systems TX knows a huge demand is going unmet because of a vacuum being created. In this case, smaller Mom & Pop stores and SMBs can fill in the void by carrying merchandise in their local stores so that consumers interact with products. We speak with many appliance store owners who agree with this statement.