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From Home Furnishing Business

UMich: January Consumer Sentiment Up

Consumer confidence inched up for the fourth consecutive month this month, according to the the University of Michigan’s most recent Surveys of Consumers.

Furniture Sales Climb 0.9%

Sales at furniture stores climbed 0.9 percent last month despite the slide in overall retail sales.

FastFact: Housing Shifts from Owners to Renters

The shift in housing status has changed over the last five years with renters outpacing home owners, according to the U.S. Census Bureau.

FastFact: Number of Renters Climb

Since 2009, the number of people renting instead of buying a home has increased among all ages, marital status and income level.

Smith Leonard: Furniture Orders Up 1%

Furniture orders jumped 1 percent in October from the same month last year, according to Smith Leonard’s Furniture Insights monthly report.

FastFact: Consumer Confidence Drives Home Sales

Home sales tend to follow the ups and downs of consumer confidence.

UMich: Consumer Sentiment Continues Climb

Consumer sentiment is on the rise, and according to the University of Michigan’s final consumer sentiment for December the index posted a 0.8 point increase to 92.6.

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