US home furnishings market recovering from the recession

July 19, 2012  by in UnCategorized   

By Aggregated Content in on July 20, 2012 from http://c.moreover.com/click/here.pl?z6865226676&z=1600249512 The US home furnishings market grew at a compound annual growth rate (CAGR) of 2% in 2010, a growth rate which increased to 3% in 2011 to reach a market value of US $107.6 billion. The market is currently experiencing a period of recovery having been hit hard by the current state of the economy, particularly between 2007 and 2009. Retail purchases of home furnishings are closely tied to consumer confidence, which was devastated by the financial crisis and the resulting economic turmoil. At the same time, the housing market - which is also closely tied to consumer spending

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