Daily News
From Home Furnishing Business
March 16,
2020 by Laurie Northington in Economic News, Industry
E-commerce furniture and home furnishings websites continue to chip away at brick and mortar retailers, reporting a double-digit growth of 22% by the U.S. Census Bureau in 2018 compared to single-digit growth by other furniture and home furnishings retail channels.
February 10,
2020 by Laurie Northington in Economic News, Industry
Mattress industry sales totaled $3.81 billion in the fourth quarter, a 2.4% increase over the same quarter in 2018, according to preliminary estimates from Impact Consulting Services’ proprietary industry model.
February 4,
2020 by Laurie Northington in Economic News, Industry
Continuing the slowdown, new orders in November 2019 fell 5% from November 2018 and down 2% year-to-date, according to a report by the Smith Leonard accounting and consulting firm.
January 20,
2020 by Laurie Northington in Economic News, Industry
In what’s considered by many as the ‘Retail Apocalypse,’ retail store closings in 2019 are on pace to exceed closings in 2018, according to the most recent data from the U.S. Census Bureau’s Statistics of U.S. Business.
January 6,
2020 by Laurie Northington in Economic News, Industry
A decade after the Great Recession, housing starts are failing to keep up with demand, according to data from the U.S. Census Bureau’s Department of Housing and Urban Development.
December 23,
2019 by Laurie Northington in Economic News, Industry
A decade after the Great Recession, housing starts are failing to keep up with demand, according to data from the U.S. Census Bureau’s Department of Housing and Urban Development.
November 11,
2019 by Laurie Northington in Economic News, Industry
Mattress industry sales totaled $4.5 billion in the third quarter, a 3% increase over the same quarter in 2018, according to preliminary estimates from Impact Consulting Services’ proprietary industry model.
November 1,
2019 by Laurie Northington in Business Strategy, Economic News, Industry
After the pick-up of orders in July, new orders in August slipped 3% from August 2018 and 2% year-to-date, according to a report by the Smith Leonard accounting and consulting firm.
October 21,
2019 by Laurie Northington in Economic News, Industry
The steady increase of furniture and home furnishings sales over the last 10 years has been slower to hit employees working in the stores, but in recent years many occupations have finally started to see an upturn in wage growth, according to data from the Bureau of Labor Statistics’ March 2019 release of “Occupational Employment Statistics.”
October 1,
2019 by Laurie Northington in Economic News, Industry
After a string of lower orders, new orders in July were up 6% from July 2018, but still down 2% year-to-date, according to a report by the Smith Leonard accounting and consulting firm.