Furniture World News
MONTHLY RESULTS
New Orders
New orders were up 17% in November compared to November 2019 according to our latest survey of residential furniture manufacturers and distributors. This increase followed five months of significant increases beginning with June’s 30% increase, 39% in July, 51% in August, 43% in September and 40% in October. From conversations we had, we expected the increases to begin to slow and the November results proved that to be in line. About three quarters of the participants reported increases in orders over last November, in line with October results.
The November increase left the year to date increase at 14%. For the 11 months ended November, some 66% of the participants reported increased year to date orders, up from 59% reporting increases last month.