FurnitureCore
Search Twitter Facebook Digital HFBusiness Magazine Pinterest Google
Advertisement
Ad_EMarketPreview

Get the latest industry scoop

Subscribe
rss

Daily News

From Home Furnishing Business

Smith Leonard: Furniture Orders Up 17% in November

New orders in November were up 17% over November 2019 orders, according to a report by Smith Leonard accounting and consulting firm.

The firm’s monthly survey of residential furniture manufacturers and distributors showed new orders increases for roughly 75% of the participants for the month and year-to-date orders were up 14%.

Shipments were up 3% over November 2019. Year to date, shipments were 7% behind last year, down from 8% reported last month. Backlogs continued to grow in November with some custom upholstery companies quoting as many as 20 weeks for delivery.

Inventory levels are low from where they need to be but case goods have been hard to come by for imported goods and there has also been some shortages of raw materials for upholstery suppliers.



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