Industry Sales: 2010 YE to 2018 Q1 Furniture & Bedding
After a strong fourth quarter, combined furniture and bedding sales took their typical cyclical dip compared to the fourth quarter of 2017, but maintained decent growth compared to the same quarter 1 of last year. Industry sales totaled $26.66 billion in for the first three months of 2018, up 4.5 percent compared to the same quarter last year, but down 2 percent from 2017 Q4.
Furniture (excluding Bedding) in the first quarter increased 4.8 percent versus the same quarter 1 in 2017 totaling $22.76 billion. Compared to the fourth quarter of 2017, furniture sales fell 3.6 percent.
Although furniture sales typically dip in the first quarter, bedding sales tend to increase compared to the last quarter of the previous year. Industry sales for Bedding are preliminary for the quarter as data is mixed, but initial estimates of $3.9 billion put 2018 Q1 sales up 9.0 percent over 2017 Q4. Compared to the previous same quarter 1 of last year, sales are up 2.8 percent.
The first quarter in 2017 maintained sustained quarter over quarter growth for furniture and bedding. Industry sales of $26.66 billion reflects an increase of 4.5 percent over 2017 Q1. Compared to the fourth quarter of last year sales are down 2 percent.
Furniture (excluding Bedding) increased 4.8 percent in 2018 Q1 versus the same first quarter of 2017 with sales of $22.76 billion. This figure is down 3.6 percent over last quarter, 2017 Q4.
Bedding sales are still under review, but preliminary results show 2018 Q1 Bedding at $3.9 billion, up 2.8 percent over the same quarter 1 of 2017. Compared to last quarter, 2017 Q4, sales are up 9.0 percent.