Industry Sales by Quarter 2009 Q2 to 2016 Q2 Furniture & Bedding
August 5,
2016 by in General
Industry Sales by Quarter 2009 Q2 to 2016 Q2 Furniture & Bedding
Industry sales slowed in the second quarter to 2.3 percent growth compared to Q2 of last year and only 1.5 percent growth over the first quarter of this year. Total furniture and bedding sales totaled $23.5 billion.
Year-to-date through the second quarter, the industry grew at 3.5 percent.
Furniture (excluding Bedding) in the second quarter increased 2.4 percent compared to the same quarter last year totaling $20.08 billion. Compared to the first quarter of this year, furniture only sales are up 1.9 percent. Year-to-date furniture sales (excluding Bedding) are up 3.7 percent.
The Bedding industry also slowed to 2.0 percent growth quarter to quarter and fell 0.7 percent compared to the first quarter of this year. Sales totaled $3.42 billion in Q2. Year-to-date sales are up 1.8 percent. (Note: First quarter bedding sales were revised downward to 1.7 percent growth Q1 compared to Q1 of 2015.)
Industry Growth Quarter to Quarter 2013 Q2 to 2016 Q2 Furniture & Bedding
Industry sales are still growing, but at a slower pace, as shown by the chart above. For the third straight quarter since 2015 Q3, quarter-over-quarter industry performance has slowed.
Second quarter combined Furniture and Bedding industry sales of $23.5 billion were a modest 2.3 percent improvement over the same Q2 in 2015. Compared to last quarter (2016 Q1) sales increased 1.5 percent.
Furniture (excluding Bedding) increased 2.4 percent in 2016 Q2 versus the same quarter last year with sales of $20.08 billion.
Bedding quarter-over-quarter sales totaled $3.42 billion, up 2.0 percent over second quarter sales last year.
Industry Sales 2008 YE to 2016 Q2 Furniture & Bedding
Year-to-date industry sales in the second quarter of 2016 totaled $46.65 billion, an increase of 3.5 percent over the same period last year.