What was the 'troubling issue heard at market?' Industry analyst explains
Smith Leonard just released its residential furniture manufacturers and distributors survey results for February 2022.
Source: furnituretoday.com
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March 2023 Furniture Insights Report From Smith Leonard - Furniture World Magazine
Furniture Industry News: With backlogs coming down and deliveries getting back to more normal times, we think this may help business at retail when customers will not have to consider how long the wait may be before getting product delivered.
Source: furninfo.com
February 2023 Furniture Insights Report From Smith Leonard - Furniture World Magazine
Furniture Industry News: Business appears to continue to slow for most and those that are not feeling the slow down yet, are not really that comfortable that incoming orders are steady.
Source: furninfo.com
January 2023 Furniture Insights Report From Smith Leonard - Furniture World Magazine
Furniture Industry News: The current survey results continue to be difficult to make complete sense of since so many individual companies are in different places themselves.
Source: furninfo.com
December 2022 Furniture Insights Report From Smith Leonard - Furniture World Magazine
Furniture Industry News: We are hearing and seeing from our surveys that the residential furniture industry is probably already in a recession that likely began during the third quarter of 2022.
Source: furninfo.com