Tuesday, January 6, 2009

Boom in Craft Stores Business as Shoppers look to make gifts, not buy them

In a recent article by Sheryl Kennedy in The Times-Picayune, she reported that "an extremely weak economy coupled with the reality of a prolonged recession has many consumers in search of quality gifts that come without a high price tag." She cites several craft stores that have seen a boom in the business rather than a downturn as is the case with other stores in the United States. According to the report, handmade gifts are on the rise, especially in Southern states stretching from Texas to Florida, where crafting is a $12 billion industry, according to the Craft and Hobby Association. Nationwide, crafting is a $30 billion industry.

Cross stitch is probably one of the easiest handmade gift that one can get into if you are looking to give a special gift. You do not need any special skill other than following the charts when stitching. The time and effort that is put into creating a handmade gift tells the person you are giving it to that she or he is special.

When times are tough, going back to the basics makes us look into giving more personal gifts where the most expensive part of it will be the time spent making it.

Read the whole article by Sheryl Kennedy here.

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