Furniture Insights

March 29, 2021/Furniture Insights

March 2021 Furniture Insights

According to our latest survey of residential furniture manufacturers and distributors, new orders in January 2021 continued the rapid increases compared to the previous year. New orders were up 27% compared to January a year ago, the same percent increase as last month. This marks the 8th straight month that orders were higher than the previous year.

February 25, 2021/Furniture Insights

February 2021 Furniture Insights

December furniture orders are trending up with December 2020 orders up 27% over December 2019 with around 84% of our participants reporting increases in our latest Furniture Insights.

January 28, 2021/Furniture Insights

January 2021 Furniture Insights

Furniture order growth continued to be positive, despite with the pace of growth slowing down a bit in November, with new orders up 17% in November compared to November 2019 in our latest Furniture Insights.

December 29, 2020/Furniture Insights

December 2020 Furniture Insights

Positive results continue for the furniture industry in our latest Furniture Insights. New orders in October increased over the same period from a year ago for the fifth straight month, increasing 40% over October 2019.

November 24, 2020/Furniture Insights

November 2020 Furniture Insights

More good news in our latest Furniture Insights as new orders in September were up 43% over September 2019 orders. This followed a 51% increase reported in August, 39% increase in July and a 30% increase in June. Orders were up for 91% of the participants for the month.

October 29, 2020/Furniture Insights

October 2020 Furniture Insights

The August results of our latest survey continued to reflect what we had been hearing in our conversations with clients and other executives in the industry. The demand for product, from especially June through August, as well as into September and October, has continued to be very strong with orders significantly higher than the same months of 2019.

September 30, 2020/Furniture Insights

September 2020 Furniture Insights

The July results of our latest survey of residential furniture manufacturers and distributors continued to show more and more improvements. The survey reflected a 39% increase in new orders over July 2019 following a 30% increase reported in June.

August 31, 2020/Furniture Insights

August 2020 Furniture Insights

Year to date, new orders were down 16% from the same period last year after an 18% decline reported last month, but there is positive news as June orders are 30% ahead of June last year. Also good news is that 73% of participants reported an increase in June.

July 29, 2020/Furniture Insights

July 2020 Furniture Insights

May business picked back up and was only down 8% from 2019, a 166% increase from April 2020 numbers. Year to date, orders are down 18%, but the hope is that June and July will continue to show improvement in our latest Furniture Insights.

June 30, 2020/Furniture Insights

June 2020 Furniture Insights

As expected, Furniture Insights results from April 2020 have shown significant drops in orders, with 100% participants reporting a decline. New orders in April 2020 were down 61% from April 2019 and down 52% from this March. The April results brought the year to date orders to a decline of 21%.

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