May 1, 2013/Furniture Insights
May 2013 Furniture Insights
Somewhat in line with our expectations, new orders in March were down 1 percent from March 2012, according to our latest survey of residential furniture manufacturers and distributors. Orders were up 4 percent from February 2013. Just over 60 percent of the participants reported increased orders over last March, but most of those increases were small and there were several larger participants who reported declines in orders.