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From Home Furnishing Business

Consumer Sentiment Sours in August

U.S. consumers, bracing for higher interest rates and slightly slower economic growth, were a bit less optimistic in August as sentiment retreated from last month's six-year high, a survey released on Friday showed.

The Thomson Reuters/University of Michigan's preliminary reading on the overall index on consumer sentiment slipped to 80.0 from 85.1 in July, the highest since July 2007.

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Source: CNBC

Retail Sales Grow Slowly in July

U.S. retail sales were up slightly, 0.2 percent in July, compared with the same month last year. 

Furniture Buying Index Inches Up 1 Point

The monthly Furniture Buying Index moved up one point this month to a reading of 77, according to America's Research Group.

Furniture Brands Shares Continue to Plunge

Some analysts fear that Furniture Brands International's falling share price creates the threat of bankruptcy.

U.S. Consumer Spending Climbs

U.S. consumer spending increased and inflation pushed higher in June, which could strengthen expectations of the Federal Reserve curtailing its bond purchases later this year.

New Furniture Orders up 6% in May

New orders from retailers for furniture rose 6 percent in May compared with May 2012, according to the latest Furniture Insights survey.

Changing Competition Challenges Furniture Retailers

Not all small businesses are cutting ad spending for efficiency. In some categories, like furniture, business dynamics are forcing them to eliminate the expense to survive.

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