FurnishNet Index: Purchases Increase in February

March 12, 2007  by in UnCategorized   

By Home Furnishings Business in Furniture Retailing on March 2007 Year-over-year retailer purchases jumped 8.3 percent in February 2007 versus February 2006. February’s increase was the largest month-over-month increase since November 2006, which saw an 18 percent increase over November 2005. As a result, the 2007 year-to-date purchase trend over 2006 climbed to 5.61 percent for the combined first two months of 2007.

Additionally, month-to-month retailer purchasing volume slipped by 14.45 percent in February compared to the purchasing volume in January. The February decline, however, was lower than the decrease from January to February of 2006.

Visit http://www.furnishnet.com/company/fnet_index.html for the complete view of the February report of the FurnishNet Index.