FurnishNet Index: August Purchases Bounce Back

September 11, 2006  by in UnCategorized   

By Home Furnishings Business in Furniture Retailing on September 2006 Furniture retail purchasing trends posted an increase in August for the first time in two months, with a better than 9 percent jump over August 2005.

That’s according to the FurnishNet Index, which tracks buying activity among the more than 800 retailers, manufacturers and suppliers using its electronic transaction exchange services.

August purchasing activity pushed the index’s year-to-date purchases 2.6 percent ahead of 2005, while month-to-month purchases rose dramatically in August compared to July--the second-highest upswing of the year, climbing 51.3 percent over the prior month.

That month-to-month increase also was much greater than the 16.4 percent increase from July to August 2005

For a complete view of the August issue of the FurnishNet Index, visit http://www.furnishnet.com/company/fnet_index.html