U.S. Power And Hand Tool Sales Expected To Hit $15.5 Billion In 2009

U.S. manufacturers of power and hand tools can expect steady growth through 2009, according to a new market study.

According to a research project published by The Freedonia Group Inc., a Cleveland-based industrial market research firm, U.S. tool sales are expected to rise to $15.5 billion in 2009 from $12.8 billion in 2004.

Advances will result from upgrades to more powerful, high-end power tools, and by the continuing diffusion of cordless products. Accelerating growth in ma

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