New orders for furniture rose 5 percent in August compared with the same month last year, according to the latest Furniture Insights.
Consumer confidence hit a seven-year high this month buoyed by a growing belief in the jobs market and the likelihood that wage growth is on the horizon, according to The Conference Board.
In 2012, the total U.S. median income was $53,046, and only two states — Maryland and New Jersey — posted median incomes greater than $70,000.
Consumer confidence and willingness to make a big-ticket purchase are on the rise. That's according to Synchrony Financial's 2014 Major Purchase Consumer Study.
Although the economy has improved since 2009, when the Great Recession hit rock bottom, median household incomes have remained flat.
U.S. retail sales fell in September for the first time since January, and the slide could have been steeper had it not been for sales of Apple's iPhone 6.
The top 20 percent of U.S. households generate more than half of the total income earned in the country in 2012, the most recent figures available.