Fitness Equipment Purchase on the Decline
It seems that the economic slowdown has trickled into fitness equipment sales. Information from a Sporting Goods Manufacturers Association (SGMA) press release states that sales dropped from $4.7 billion in 2007 to $4.2 billion in 2008. “The fitness industry was not immune to the side effects of the tough economy,” said SGMA president Tom Cove. “But because people are aware of the importance of a regular physical fitness regimen, we expect the fitness industry to regain strength as the economy heals.”
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