The State of Furniture Sales

June 13, 2011  by in UnCategorized   

By Aggregated Content in economic news on June 14, 2011 from http://c.moreover.com/click/here.pl?z4844638748&z=1250249030 Today, we learned that retail sales fell for the first time since June 2010. But one retail sector is quite used to seeing sales decline, even as they have begun to grow in other industries. Furniture and home furnishing sales fell much farther than broader retail sales and have yet to meaningfully recover. Their path has been a brutal one. Here's a chart showing furniture and home furnishing sales (red line) versus total retail and food services sales (green line): Furniture and home furnishing sales peaked in January 2007

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