By 1950 Americans smoked 350 billion cigarettes a year and the industry accounted for 3.5% of consumer spending on non-durables.

到了1950年，美国人每年要吸3500亿支香烟，而烟草业在消费者非耐耗品开支中所占比重达3.5%。

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Reynolds in the 1940s. By 1950 Americans smoked 350 billion cigarettes a year and the industry accounted for 3.5% of consumer spending on non-durables.

到了1950年，美国人每年要吸3500亿支香烟，而烟草业在消费者非耐耗品开支中所占比重达3.5%。

youdao

Outperforming sectors look to be financials, healthcare and possibly consumer non-durables which strangely have led the market.

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During the eighties, I saw this phenomenon in broadcasting, gaming casinos, natural resources, department stores, banking and finance as well as technology and consumer non-durables.

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Consumer non-durables and healthcare are underleveraged plays in an economic resurgence.

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