America's Stuff Is Getting Really Old, And That's Bullish

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Friday, December 28, 2012 America's Stuff Is Getting Really Old, And That's Bullish Barry Ritholtz points us to Businessweek's chart of the day, and it's a bullish one. Businessweek's David Wilson notes that the "average age of cars, appliances, and furniture owned by U.S. households is at its highest in almost half a century." In other words, Americans are increasingly likely to have to purchase and replace these goods some time soon as they get more and more worn out.  That's bullish for spending, jobs, and the economy as a whole. Read » Also On Money Game Today: Forget The 'Dairy Cliff' — People Have Been Drinking Less And Less Milk For The Last 30 Years MARKETS KEEP TANKING AFTER HOURS Advertisement CHART OF THE DAY: The Housing Bust Gave Birth To A Trillion Dollar Buyer Of US Treasuries CHART OF THE DAY: The US Stock Market Is Now One Of The Most Expensive In The World CHART OF THE DAY: The Defining Central Bank Trade Of 2013 Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: ipat39@gmail.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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