March 6,
2017 by Larry Thomas in Economic News, Industry
Prices for durable goods, which include furniture, appliances and electronics, have declined steadily since 2012, according to data from the Bureau of Labor Statistics.
February 27,
2017 by Larry Thomas in Economic News, Industry
Despite strong existing home sales, housing starts grew at a very sluggish pace in the third quarter of last year, according to data from the U.S. Census Bureau.
February 20,
2017 by Larry Thomas in Economic News, Industry
A slight drop in existing home sales in the third quarter was more than offset by a 23.1% gain in sales if new single-family homes, according to data from the National Association of Realtors.
February 13,
2017 by Larry Thomas in Economic News, Industry
Unemployment remained low, but stagnant consumer confidence levels may help explain sluggish home furnishings sales in the third quarter.
February 6,
2017 by Larry Thomas in Economic News, Industry
A slowdown in Gross Domestic Product growth and employment growth has contributed to lackluster furniture sales -- particularly in the third quarter of 2016 -- according to data from the Bureau of Economic Analysis.
January 23,
2017 by Larry Thomas in Economic News, Industry
Generation X, a demographic group often overlooked by marketers, registered a dramatic increase in spending on home furnishings in 2015, according to data from the government’s Consumer Expenditure Survey.
January 16,
2017 by Larry Thomas in Economic News, Industry
Generation X, sometimes dubbed the “Baby Bust Generation,” is in the midst of its prime buying years and currently support more than half the nation’s children under age 18, according to data from the U.S. Census Bureau.