From Home Furnishing Business
Fast Fact: Industry Sales, Strongest 2nd Quarter Growth Since 2015
After a steady first quarter, furniture and bedding sales continued to climb in the second quarter, according to the proprietary market model from Impact Consulting, parent company of Home Furnishings Business.
Furniture and bedding sales totaled $28.05 billion in the second quarter, up 8.1 percent over 2017 Q2, marking the healthiest growth since 2015.
Despite the typical second quarter slump from the bedding market, total industry sales reached $55.04 billion for the first half of 2018, a growth of 7 percent over the same period in 2017.
For a detailed look at the industry sales data, click here.