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Fast-moving consumer goods (FMCG), also known as consumer packaged goods (CPG) [1] or convenience goods, are products that are sold quickly and at a relatively low cost. Examples include non-durable household goods such as packaged foods , beverages , toiletries , candies , cosmetics , over-the-counter drugs , dry goods , and other consumables .
The 1990s economic boom in the United States was a major economic expansion that lasted between 1993 and 2001, coinciding with the economic policies of the Clinton administration. It began following the early 1990s recession during the presidency of George H.W. Bush and ended following the infamous dot-com crash in 2000.
The 1860s were a period of growing protectionism in the United States, while the European free trade phase lasted from 1860 to 1892. The tariff average rate on imports of manufactured goods in 1875 was from 40% to 50% in the United States, against 9% to 12% in continental Europe at the height of free trade. [44]
The U.S. imported more than $24 billion of apparel in 2023, and consumer demand shows no sign of slowing. Fast fashion came to prominence in the early 1990s, though the concept had been around ...
July 1990 92 +2.8% +4.3%: Inflation was under control by the mid-1980s. Influenced by low and stable oil prices in combination with a steep rise in private investment and rising incomes, the economy entered what was at the time the second longest peacetime economic expansion in U.S. history. [4] [5] Mar 1991– Mar 2001 120 +2.0% +3.6%
1994 — The United States hosts the FIFA World Cup, which is won by Brazil. 1995 — Oklahoma City bombing kills 168 and wounds 800. The bombing is the worst domestic terrorist incident in U.S. history, and the investigation results in the arrests of Timothy McVeigh and Terry Nichols.
The consumer in the fast fashion market thrives on constant change and the frequent availability of new products. [49] Fast fashion is considered to be a "supermarket" segment within the larger sense of the fashion market. [44] This term refers to fast fashion's nature to "race to make apparel an even smarter and quicker cash generator". [49]
The 1990s (often referred and shortened to as "the '90s" or "nineties") was the decade that began on 1 January 1990, and ended on 31 December 1999. Known as the "post-Cold War decade", the 1990s were culturally imagined as the period from the Revolutions of 1989 until the September 11 attacks in 2001. [1]