Industry Sales by Quarter 2011 Q2 to 2018 Q2 Furniture & Bedding
2018 by Laurie Northington in General
After a steady first quarter, total furniture industry sales continued to climb in quarter two, the healthiest growth since 2015. Furniture and bedding sales totaled $28.05 billion the second quarter and $55.04 for the first half of 2018. Despite a sluggish bedding market, total industry sales increased 8.1 percent in 2018 Q2 compared to a poor second quarter last year. Versus the first quarter of this year, sales grew 3.9 percent. First half 2018 sales were up 7 percent over 2017.
Furniture (excluding Bedding) in the second quarter grew 8.9 percent in the second quarter of this year versus the same quarter in 2017 totaling $24.24 billion. Compared to the first quarter of 2018, furniture sales increased 5.5 percent.
Due to the cyclical nature of the Bedding industry, second quarter sales typically weaker than the first of third quarters. Preliminary estimates put second quarter Bedding at $3.81 billion and year to date totals at $7.83 billion. 2018 Q2 finished 3.5 percent higher compare to 2017 Q2 and declined 5.1 percent over the 2018 Q1. For the first half of 2018, Bedding sales are up an estimated 3.1 percent.
The second quarter of 2018 maintained sustained and healthy quarter over quarter growth for furniture and bedding. Industry sales of $28.05 billion reflect an increase of 8.1 percent over 2017 Q2. Compared to the first quarter of this year sales are up 3.9 percent.
Furniture (excluding Bedding) increased 8.9 percent in 2018 Q2 versus the same second quarter of 2017 with sales of $24.24 billion. This figure is also 5.5 percent higher than the previous 2018 Q1.
Bedding sales are still under review, but preliminary results show 2018 Q2 Bedding at $3.81 billion, up 3.5 percent over the same Q2 of 2017. Compared to last quarter, 2018 Q1, sales fell 5.1 percent.