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THIS ARTICLE DESCRIBES INCOME ELASTICITY CONNECTED WITH HOUSING. IN THIS ARTICLE IS VIVIDLY SHOWN extensivy literature on the demand for housing and problems of estimating income elasticity of demand

This article gives us an idea of income elasticity with an example of real company Dixon, the electrical goods retailer

This article shows how Americans with a higher income use iPads, e-readers, computers, cellphones more than Americans with lower incomes. This is an example of income elasticity of demand, where an increase in average income among Americans will lead to more demand for computers, cell phones and other electronic devices.

This article is about predicting casino revenue and the elasticity of casino use.

This article discusses how lottery ticket sales vary based on income.

The article highlights certain industries/producers that succeed during a recession, all related to the idea of negative income elasticities or inferior products. Examples from the article include discount retailers such as Walmart, 'sin industries' e.g. cigarettes, selected services e.g. renovation (people focus on what they have and try to improve it rather than purchasing something new). The article also praises firms that tighten up costs and expand on 'core product' ranges and using 'vast economies of scale' to provide affordable goods to consumers.