U.S. home furnishings orders reached $2.1bn in Feb, up 3.8% from Jan and 6.8% from Feb 2023, with residential furniture orders increasing 7%.

Home furnishings orders in the U.S. reached $2.1bn in Feb, up 3.8% from Jan and 6.8% from Feb 2023. Residential furniture orders increased 7% in Feb vs 2023, with 2/3 of participants reporting higher orders. However, shipments fell 8% vs Feb 2023. Vendors at High Point Market expressed concerns over low retail footfall. Despite challenges, employment remains stable and orders above 2023 levels offer some stability to the industry.

May 03, 2024
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