South American Flower Industry Has High Hopes
In South America one of the major sources of income comes from the flower industry. Though the economy was not looking all that great for this Valentine’s day, hopes are high for love conquering the economy.
Almost 75% of the flowers imported to the United States come from farms like The Elite Flower, found in the Andean plains, near Columbia’s capital, Bogotá. Ecuador is also a major source of the red roses found on the market.
Though growers are predicting fewer sales this year, they are hopeful that the gift of flowers will not be too much of a luxury for many.
“When things were going well in the United States you had jewelry, restaurants… or people would take a three-day weekend and wind up spending a couple thousand dollars. That’s not going to happen this year, but husbands are still going to buy their wives something,” says The Elite Flower’s Randy Schenauer.
Schenauer is expecting sales to fall by about 20% this year. But so far there are only 4% fewer orders this year.
[Via: Reuters]
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