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marc cook

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Dollars for Dishwashers???

“Cash for Appliances” is the latest Federal stimulus program. Similar to the “Cash for Clunkers” program, the government is hoping to stimulate the economy and help consumers save money in the long run with Energy Star appliances. According to an article in today’s Wall Street Journal (where Abt’s showroom was featured), each state will individually determine how much of a $50 to $200 rebate will be offered for specific energy-saving appliances. Abt’s…

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News

Abt Electronics On Fox News Regarding State of Durable Good Economy

There have been many discussions on the news regarding consumer buying confidence and its relation to the current state of the stock market. On Wednesday, July 29th, the Commerce Department released data that showed new durable goods orders fell 2.5% in June, which is the largest percentage drop since January, after rising in May. However, if you take away the transportation (aircrafts, cars, and boats) sector, orders were actually up 1.1% in…

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