Consumers have boosted their annual furniture spending since the end of the recession in 2009.
National Retail Federation analysis of Department of Commerce retail sales figures indicates sales were virtually flat compared with June, citing lack of spending in key areas such as furniture, home furnishing and electronics stores.
A new book from Brookings Institution Press and the Harvard Joint Center for Housing Studies identifies lessons to be learned from the last decade's housing crisis.
Despite the historical odds stacked against the bedding industry, the category has experienced a second quarter increase in sales.
Furniture orders climbed 3 percent over last May, down from a 13 percent increase reported for April, according to Smith Leonard's monthly Furniture Insights.
Consumer confidence, which improved in June, increased again in July, the Conference Board announced today.
It has been a long, grueling journey since the 2009 recession when sales for the home furnishings industry hit rock bottom, but home furnishings sales have now crossed the finish line with a photo finish to prove it.