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From Home Furnishing Business

FastFact: Aging in Place Movement Grows

Today’s aging population is looking more and more toward residing in their current homes as they get older.

FastFact: Homeowners Spend Lower Percentage on Housing

Homeowners have spent a less percentage of household income on housing over the last five years.

Smith Leonard: Furniture Orders up Slightly

Furniture factory orders creeped up 1 percent in December compared to December 2014, according to Smith Leonard’s monthly Furniture Insights.

FastFact: Mortgage Payments Drop While Rents Rise

Monthly mortgage payments homeowners pay today have dropped since 2009, and rental payments have increased significantly during the same timeframe.

FastFact: 2015 Bedding Sales Climb 6.2%

Sales of mattresses last year jumped to $13.57 billion last year, a 6.2 percent increase from bedding sales in 2014.

FastFact: Furniture Sales Climb 4.9% in 4Q

Furniture and bedding sales climbed 4.9 percent to $23.62 billion in the fourth quarter of 2015 compared to the same quarter the prior year.

UMich: February Consumer Sentiment Slides

Consumer sentiment slipped to 90.7 in the latest University of Michigan survey.

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