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From Home Furnishing Business
Furniture Buying Index Holds Steady in June
July 12,
2013 by Home Furnishings Business in Economic News, Industry
“Consumers have not yet focused on readying their homes for the fall selling season,” said ARG Chairman Britt Beemer . “The focus right now in most American households is on summer plans and spending time with family. Consumers have not begun to look past summer and shopping for furniture is not a priority at this time."
ARG compiles the Furniture Buying Index each month from interviews with 5,000 to 8,000 consumers across the country. In a typical month, 80 percent of the consumers interviewed can name a specific furniture item they intend to buy. The Index's mark signifies what percent of the benchmark 80 percent actually have a particular item in mind.