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From Home Furnishing Business
FastFact: Industry Sales Slowed in Q2 compared to Q2 of Last Year
August 8,
2016 by in Economic News, Industry 
The Retail Market for Home Furniture and Bedding was hit hard by the recent economic downturn and experienced a decline in revenue over the five years to 2015.
However, bolstered by rising consumer confidence and housing starts, the home furniture and bedding retailing industry is expected to grow over the five years to 2020.
Todays’ factoid shows 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.
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.
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