Home Fashion

By now, we are all well aware of the financial crisis that the US economy is going through. One of the hardest hit areas of our economy is the housing market. The 40% drop in home values, has also directly affected sales of home fashion items. The concept is simple; if people are not buying houses, there is a significantly lower need for home fashion items. Personally, I feel like this issue will be short-lived and the sales of home fashion products will begin to climb once again.
I do think the upcoming holiday season will add a bit of a boost to the home fashion industry. More often than not, people are more elaborate with their home decorating during the Christmas season. As a child, it was almost a day-ling task to decorate the house for Christmas. My mom always said that she wanted the house to look good in case "company comes over." Because the holiday season calls for decorating, I definitely think money will be spent on accessories and other fashions for the home.
Although a holiday will by no means pull the home fashion industry out of this crisis, it is a flicker of light in what seems to be a dark tunnel of recession. Yes, the economy is in the worst shape it has been in my lifetime, I know that it will one day bounce back. When that day comes, it will no longer be nearly impossible to buy a house. For right now, the makers of home fashions just need to be ready to play the cards they are dealt. As it has been said many times in recent months in regard to the economy, "it will probably get worse before it gets better." It is important for all Americans, whether consumer, producer, manufacturer or retailer to remember these words in going about day to day life.