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.
The National Retail Federation has calculated that June retail sales, which exclude automobiles, gas stations and restaurants, increased 0.5 percent seasonally adjusted month-to-month and 3.9 percent unadjusted year-over-year.
An early Spring High Point Market helped drive a 13 percent jump in April for new furniture orders compared with the same month last year, according to the latest Furniture Insights survey.
Stanley Furniture is featured in a story by the Wall Street Journal that examines the challenges companies face when looking to boost domestic production.