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From Home Furnishing Business

FastFact: Generation X in Midst of Prime Earning Years

The often-overlooked Generation X, which are people born between 1966 and 1981, are now in their prime earning years with household incomes frequently topping $70,000, according to data from the U.S. Census Bureau.

FastFact: GenX Buying Power Tops Millennials, Baby Boomers

Once considered too small to make a significant economic impact, Generation X now represents the largest generation of consumers between the ages of 21 and 65, according to data from the U.S. Census Bureau.

FastFact: Multi-Story Homes Increasing in Popularity

Multi-story single family homes are increasing in popularity, accounting for 63% of homes built in 2015, according to new report from the U.S. Department of Housing and Urban Development.

FastFact: More Bedrooms, Bathrooms Found in New Single-Family Homes

New single-family homes tend to have more bedrooms, bathrooms and outdoor living spaces, according to a recent report from the Department of Housing and Urban Development.

FastFact: Single-Family Homes Getting Bigger as Lot Sizes Shrink

A new report from the U.S. Department of Housing and Urban Development shows that new home construction is up 23% since 2009, while new home completions in the first half of 2016 were up 15% from the first half of 2015.

FastFact: Median Size of New Homes Jumps 23% in 2000s

A new report by the U.S. Department of Housing and Urban Development shows that new single-family homes averaged 2,540 square feet in 2015, up from 2,060 feet in 2000.

FastFact: E-Commerce Still Growing, But Not as Rapidly as Total Shipments

In the final installment of a series of factoids addressing the rise of e-commerce in furniture manufacturing and the merchant wholesale trade, we highlight a U.S. Census Bureau study that tracked e-commerce sales by merchant wholesalers (distributors, jobbers, drop shippers, import/export merchants and like) and MSBOs, or manufacturers sales branches and offices.

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