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Whirlpool CEO says housing rebound to boost sales over 3-5 years, CNBC reports

Whirlpool (WHR) CEO Jeff Fettig says he believes that a U.S. housing market rebound, as well as consumers' need to replace old appliances will boost sales over the next three to five years, CNBC reports. Fettig does warn that any increase in taxes that erodes disposable income could pressure consumers more, and they may continue to delay purchases of new appliances.