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Factoids offer brief snapshots of current topics pertinent to the Furniture industry based on our on-going research. Increase your grasp of current trends, consumer attitudes, and shifts within the industry through solid statistics and concise insight.

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Prime Furniture Purchasing Income Groups Average Annual Furniture Expenditures (Households)by Income Group: 2013Q2

 


When it comes to average annual furniture purchases, households making $150,000 and over are spending exponentially more than lower income households. With an average annual expenditure of $1,311 in 2013Q2, the $150,000 and over group (just 9.5% of the total furniture buying population) is spending almost double those households making between $100,000 to $149,000.

Source:  U.S. Department of Labor, “Consumer Expenditure Survey” and Impact Consulting model. 

 

 



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[Trackback]    5 years ago

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FastFact: Top Income Tier Spends Double on Furniture than Next Group http://furniturecore.com/HFBusiness/HFBNow/ArticleID/11491/fastfact-top-income-tier-spends-double-on-furniture-than-next-group2.aspx
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