Retailer Purchases Climb in July: FurnishNet Index

August 12, 2007  by in UnCategorized   

By Home Furnishings Business in Furniture Retailing on August 2007 For July 2007, month-to-month retailer purchasing volume jumped 7.74 percent over June’s volume. The July increase over June along with the June increase over May represents the first consecutive two-month purchasing increase in 2007.

Additionally, year-over-year retailer purchases jumped 26 percent in July 2007 compared to a very weak July of 2006 , when purchases dropped nearly 16 percent compared to 2005. As a result, July 2007 purchases trended closer to 2005 figures with a bump of 6 percent over that period two years ago. Year-to-date purchases trended higher at 8.97 percent ahead of last year.

Click here for the complete view of the May report of the FurnishNet Index.