From Home Furnishing Business
Fast Fact: Industry Sales Climb 4.8% in Q4
Despite slower fourth quarter growth, total industry sales (furniture and bedding) were up 4.8% over the final quarter of 2017, but down 0.9% over the third quarter of 2018, according to the proprietary market model from Impact Consulting, parent company of Home Furnishings Business.
The model showed total furniture and bedding sales of $26.97 billion in the most recent quarter, compared with $23.36 billion in the 2017 fourth quarter.
For the 2018 calendar year, furniture and bedding sales reached $90.82 billion, a 7.6 percent increase from 2017.
For a detailed look at industry sales data, click here.