I make soap and according to this article from the NY Times cosmetics and perfume take up %0.3 percent of the average American's spending. This is down %0.4 from 2007.
Jewelry is also %0.3 of America's spending, but this is up %8.7 from last year.
As an artisan what you do-your art, will have a big impact on how this "economic slowdown" effects you.
If I am lucky, soap really falls into the Misc. Personal Goods category- only %0.2 of spending, but at least it is up %2.1. Since I have no idea based on this article, only time will tell I guess.
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