Smith Leonard: New orders drop again, and order cancellations play a role
New orders dropped again, but a deeper analysis shows that numbers can be confusing.
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New orders dropped again, but a deeper analysis shows that numbers can be confusing.
Furniture Industry News: While it seems to feel that business overall is slowing some, higher inflation is probably affecting retail more at the lower and lower-middle price points.
Year-to-date new residential furniture orders were down 25% from last year, but 2% higher than pre-pandemic 2019 figures.
Furniture Industry News: The $350,000 gift will name the Grand Story Wall which will become the distinguishing feature on the front of the building.
New residential furniture orders in April continued to slide, marking a fourth straight month of year-over-year double-digit declines according to the latest issue of Furniture Insights. However, compared to April 2019 orders grew by 4%.