Freedonia In The News

Article Title: Whirlpool, Electrolux Earnings Fall
By: JAMES R. HAGERTY And PAUL GLADER
Publication: The Wall Street Journal, 10/27/2010
Freedonia Study: World Major Household Appliances (2588)

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Earlier this year, rebates under the U.S. cash-for-appliances program, designed to spur sales of more energy-efficient products, propped up industry-wide sales, but that program is now winding down. "The training wheels are off," said Michael Deneen, a senior industry analyst at Freedonia Group in Cleveland. "Over the next year or couple of quarters, it is probably going to be pretty rough" for appliance sales in the U.S.
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