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FastFact: Furniture E-Shipments Still Trail Other Manufacturing Segments
October 31,
2016 by Larry Thomas in Economic News, Financial Reports, Industry
While e-commerce shipments have grown at a rapid pace since the mid-2000s, furniture and related products are still slightly behind all manufacturing in the percentage of e-commerce shipments to total shipments, according to a study by the U.S. Census Bureau.
In 2014, total e-shipments in all industries were 60.9% of total manufacturing, compared to furniture e-shipments at 50.6%. Both total manufacturing e-shipment dollars and furniture e-shipment dollars increased an annual average of 14% from 2004 to 2014.
For more information on this study, click here.