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From Home Furnishing Business

Fast Fact: 3rd Quarter Mattress Sales Up 3% Over 2018

Mattress industry sales totaled $4.5 billion in the third quarter, a 3% increase over the same quarter in 2018, according to preliminary estimates from Impact Consulting Services’ proprietary industry model.

Smith Leonard: Furniture Orders Down 3% in August

After the pick-up of orders in July, new orders in August slipped 3% from August 2018 and 2% year-to-date, according to a report by the Smith Leonard accounting and consulting firm.

Fast Fact: Truck Driver Wage Growth Up 19% from 2012 to 2018 

The steady increase of furniture and home furnishings sales over the last 10 years has been slower to hit employees working in the stores, but in recent years many occupations have finally started to see an upturn in wage growth, according to data from the Bureau of Labor Statistics’ March 2019 release of “Occupational Employment Statistics.”

Smith Leonard: Furniture Orders Up 6% in July

After a string of lower orders, new orders in July were up 6% from July 2018, but still down 2% year-to-date, according to a report by the Smith Leonard accounting and consulting firm.

Smith Leonard: Furniture Orders Down 6% in June

New orders in June were down 6% from June 2018 and 3% year-to-date. The decline in orders in June was the fifth consecutive month of declining orders, according to a report by the Smith Leonard accounting and consulting firm. 

CEO Summit Consensus, Tariffs Likely to Spread to Vietnam and India

During last month’s Las Vegas Market CEO Summit, high-level keynote speakers agreed that the trade war is about much more than China and the problems are likely to spread to other home sourcing nations like Vietnam and India.

Fast Fact: 2nd Quarter Bedding Sales Down 9.7% Over Last Quarter 

Mattress industry sales totaled $3.71 billion in the second quarter, a 1.6% increase over the same quarter in 2018, according to preliminary estimates from Impact Consulting Services’ proprietary industry model.

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