More than 80% report a decline in furniture orders for April
New furniture orders fell in April for 84% of the industry from last year, at least according to Smith Leonard’s monthly survey.
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New furniture orders fell in April for 84% of the industry from last year, at least according to Smith Leonard’s monthly survey.
Furniture Industry News: Many in the economic world, including quotes in this report, say we are either in a recession or heading for one.
Despite economic concerns, many residential and contract furniture manufacturers are relatively optimistic.
Almost exactly a year ago I wrote in this space about declining demand and an increasingly challenging business climate. ... This is one time where I would pay money to be wrong.
Smith Leonard's monthly survey reports results showing that the furniture industry continues to be in a slowdown mode.