In Townley’s RDC Analsysis for the month of July, US economic indicators are said to be positive but growth "will
be slow until the labor market improves next year."
Reporting that China makes 60 percent of the world’s bicycles (and 86 percent of the bikes sold in the US), Townley says China’s economy is "is surging past SARS. However, pegging of the yuan to the dollar is a hot trade issue."
The PDF below contains tons of mainstream economic indicators and a category-by-category breakdown of bikes sales via IBDs in July.
There’s also a comment piece – "Growing Cycling: Time To Change Your Strategy!" – from retail practices guru Jay Abraham, who will be the keynote speaker at the 2004 Bicycle Business Leadership Conference, February 5-8, 2004 in San Diego, California.
RDC JULY DOWNLOAD:
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