July 31, 2017/Furniture Insights
July 2017 Furniture Insights
The results of our latest survey of residential furniture manufacturers and distributors was a little like the results last month—a bit surprising based on conversations at and since the High Point Market. New orders were up 8 percent in May 2017 versus May 2016, following the 7 percent increase reported last month. New orders were up for some 58 percent of the participants up from 47 percent reporting increases last month.
July 11, 2017/Real Estate and Construction
Real Estate and Construction Monitor Summer 2017
The latest edition of BDO’s Real Estate and Construction Newsletter features key topics including how technology could change the property industry, making real estate investments attractive to tax-exempt investors, latest takeaways from REITWise 2017, and how private equity groups are concerned with brick and mortar retailers despite spiking M&A activity.
NC Tax Rates Lowered
On June 28, 2017, the North Carolina General Assembly voted to override North Carolina Governor Roy Cooper’s veto of the budget bill for fiscal years 2017-2019, and enacted legislation that reduces various tax rates.