Economic Role
Businesses that produce household goods are categorized as Cyclical Consumer Products by the Thomson Reuters Business Classification and are organized into three sub-categories:
- Consumer Electronics,
- Appliances, Tools & Housewares, and
- Home Furnishings (such as furniture).
Household goods are a significant part of a country's economy, with their purchase the topic of magazines such as Consumer Reports, their relocation handled by moving companies, and their disposal or redistribution facilitated by companies like Goodwill Industries, services like classified advertising and Craigslist, and events such as garage sales and car boot sales.
Their safety is often regulated by governments, which also promote and facilitate their import and export.
Read more about this topic: Household Goods
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