FurnitureCore
Search Twitter Facebook Digital HFBusiness Magazine Pinterest Google
Advertisement
[Ad_40_Under_40]

Get the latest industry scoop

Subscribe
rss

Daily News

From Home Furnishing Business

FastFact: Furniture Sales Hit 7-Year High

  Furniture industry sales have nearly rebounded to their pre-recession levels eight years ago.

Total sales for furniture and bedding reached $87.5 billion in 2014, a 3 percent increase from sales of $84.95 billion in 2013.

Since 2009, industry sales have continued to increase incrementally year over year. In 2009, industry sales dropped to $74.2 billion, the lowest point in the seven-year span between 2007 and 2014.

At $87.5 billion for 2014, furniture industry sales have nearly rebounded to pre-recession levels in 2007 when sales hit $89.8 billion.

Furniture sales, excluding bedding sales year-to-year, increased 2.7 percent with sales of $74.9 billion. Bedding’s year-end sales for 2014 were up 5 percent, hitting a total of $12.6 billion. 

The complete, enlarged FastFact can be viewed here



Comments are closed.
EMP
Performance Groups
HFB Designer Weekly
HFBSChell I love HFB
HFB Got News
HFB Designer Weekly
LinkedIn