Stay updated with breaking news from Smith Leonard. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Although new residential furniture orders dropped 14% in August compared to 2020 figures, they are up 30% over 2019 figures. Year-to-date new orders are up double-digits over both 2020 and 2019 figures, according to the latest issue of Furniture Insights.
Retail Furniture News: Monthly Furniture Insights Report From Smith Leonard, While confidence is down some, most feel that the economy should continue to be positive into 2022.
This marks the first time since June 2020 that new orders were down from the same month in the previous year, according to Smith Leonard's latest Furniture Insights.
The first spring High Point Market of the pandemic era arrived Saturday with the home furnishings industry riding an unexpected and very welcomed boom in consumer demand.
Retail Furniture News: Monthly Furniture Insights Report From Smith Leonard, "It seems that for once the industry has performed at or above most others for maybe one of the first times in recent history."