3 Things to Buy Before the Economy Improves

May 16th, 2009

With the economy the way is right now, most people are looking for big savings, and discounts

not to mention freebies.  Here is a list of the things we recommend consumers to buy. Topping

our list are;

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1. Televisions: Each year it seems as though TVs get cheaper and cheaper, but this year those

decreases are starting to make larger flat-panel TVs far more affordable. The radio/television

category in February’s Consumer Price Index was down 9 percent from a year ago as more

manufacturers get into the flat-panel business, driving prices down.

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2. Furnitures: For those who never really got around buying furnitures due to tight budget,

this is the best time. Even if you are only looking to remodel you can find great bargains during this

time. With fewer people buying houses, fewer people are buying new furniture. Jim Sluzewski,

a spokesman for Macy’s, says furniture demand across the industry has noticeably decreased

over the past year. That’s driven many furniture retailers out of business, according to John

Baugh, an analyst who covers the furniture industry at  Stifel, Nicolaus & Co. Inc. Retailers still

in the market have to respond to those liquidation sales with price cuts and clearance items of

their own. Baugh also noted that consumers with good credit can also often obtain very

attractive financing.

3. Laptops:  Belive it or not, many people dont own laptops. It has become increasingly convienent

to get access to a computer while your out.  Paul Ryder, vice president of consumer electronics

for Amazon.com, says laptop prices have dropped thanks to the interest in netbooks. Although

the Consumer Price Index does not break out laptop computers from others, it seems to broadly

support this claim, with personal computer prices falling 13 percent in February from a year

earlier.

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