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From Home Furnishing Business

Fast Fact: Job Openings Across Major Industries, Midwest Vacancies Soar

Data from the Bureau of Labor Statistics supports the growing need facing companies to attract and retain employees, while adapting their training methods and introducing technology that fills the gap of a smaller workforce.

Fast Fact: U.S. Furniture Exports Decrease 7% in 2 years

The U.S. exports $1 in furniture products for every $10 in imported furniture. After rising over 45 percent from the recession (2009) to $3.4 billion in 2015, U.S. exports of household furniture have decreased by 7 percent in 2 years to $3.15 billion in 2017, according to data from the U.S. Census Bureau

Fast Fact: An In-Depth Look at Furniture Imports by Material Type

In recent years, growing wages, higher employment, a boost in consumer confidence and a healthy housing market have propelled import growth. The U.S. Census Bureau gives a breakdown of the major furniture imports by material type.

Fast Fact: Imports, Share of Wood Furniture Drops as Upholstery and Metal Rise 

Historically, wood products are the largest material category among furniture imports, but the share of upholstery and metal furniture imports is increasing yearly, according to data from the U.S. Census Bureau.

Williams-Sonoma Revenue Jumps 6.1% in 2nd Quarter

Despite profits declining 2.3%, retailer Williams-Sonoma (NYSE: WSM) said revenues jumped 6.1% to $1.28 billion in the second fiscal quarter. Overall, strong results from the first half of 2018 has caused the company to raise its full-year guidance. 

Fast Fact: Vietnam Grows to 13% of U.S. Imports in 2017

Out of over 200 countries exporting furniture into the U.S., over 90 percent of U.S. imports is from just 9 of those countries. China tops the list with an import value of $18 billion in 2017, followed by Vietnam at $4 billion.  

Target Announces Bauer as SVP, Global Inventory Management

Target Corp. (NYSE: TGT) has hired John Bauer as senior vp of global inventory management to lead the teams responsible for ordering, inventory positioning, global trade and domestic transportation.

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