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October 7, 2008 6:03:20 AM CDT



Riding Mowers Sputter With US Economy

Posted Jul 19, 08 7:06 PM CDT in Business Arts & Living 

(Newser) – Once a symbol of American prosperity, the riding lawnmower is running out of gas, the Washington Post reports. The whole business “is deeply troubled by the decline in housing starts,” said one industry group spokesman. Rising oil prices have also pummeled demand. But what’s really turning lawnmower sales south is general economic dread, said one seller.

Not everyone is complaining, though: One farm equipment seller in Warrenton, Va. has long grimaced at the trend from down-home hay balers and corn-tilling machines to fancy mowers. "There were a lot of people using up home equity to buy Lexuses and $8,000 lawn mowers," he griped.

Source Washington Post

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A father and son fill their riding mowers with gas for use in their lawn-mowing business, May 22, 2008.   (AP Photo/Jacquelyn Martin)
A riding lawn mower works on Spectacle Island.   (AP Photo/Chitose Suzuki)
Water splashes around a John Deere logo as Zachary Herald washes a tractor Wednesday, May 16, 2007 at J.D. Equipment in London, Ohio.   (AP Photo/Kiichiro Sato)
Various John Deere equipment is seen Wednesday, May 16, 2007 at J.D. Equipment in London, Ohio.   (AP Photo/Kiichiro Sato)
John Deere equipment stands ready for sale at Deems Farm Equipment Inc., in Lawrence, Kan., Wednesday, Aug. 15, 2007.   (AP Photo/Orlin Wagner)
John Deere lawn tractors are lined up at Harvest Equipment in Montpelier, Vt., Wednesday, Aug. 15, 2007.   (AP Photo/Toby Talbot)
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gas prices   economy   housing crisis   Lowe's   suburban lawn



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