Fewer people buying lamps but CFL share rises

Aug. 17, 2009
Lamp purchases declined, but CFL purchases declined less.

NEMA’s index for incandescent lamps registered a reading of 59.4 for the second quarter of 2009, essentially unchanged compared to the first three months of this year. However, the index decreased 11.8% year-over-year. Compact fluorescent lamps (CFLs) showed a similar fate, although declining by a less severe rate of 3.9% year-over-year. At the same time, the CFL index rose 3.8% versus the first quarter of 2009, climbing to 222.6 on a seasonally adjusted basis. Recent performance may indicate the indices might be at or near bottom given the relatively flat to moderate increases in growth.

NEMA also says a shift toward more expensive CFLs could indicate a possible loosening of consumer purse strings. More info:

http://www.nema.org/media/pr/20090813a.cfm

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