November 30, 2017/Furniture Insights
November 2017 Furniture Insights
After several positive monthly results from our surveys of residential furniture manufacturers and distributors, the September survey showed a 10% drop in new orders, but a 3% increase in total as compared to September 2015 to September 2017. Overall the news is positive heading into the holidays: Consumer confidence is at highest levels in years, unemployment is also at lowest levels in some time, and interest rates are still low.
October 31, 2017/Furniture Insights
October 2017 Furniture Insights
After several months of growth in new orders, our recent survey of residential furniture manufacturers and distributors indicated a bit slower growth in August. The increase in orders in August was 1 percent following increases of 11 percent in July, 6 percent in June and 8 percent in May. This August increase, though small, marked the 13th straight month of increased orders when compared to the same month a year ago.
September 28, 2017/Furniture Insights
September 2017 Furniture Insights
The results of our recent survey of residential furniture manufacturers and distributors continued the last few months of positive news. New orders in July were up 11 percent over July 2016, following increases of 6 percent in June, 8 percent in May and 7 percent in April. New orders increased over last year for 67 percent of our participants.
August 30, 2017/Furniture Insights
August 2017 Furniture Insights
Our most recent survey of residential furniture manufacturers and distributors continued to have good results. New orders in June were up 6 percent over June of 2016 and were up 6 percent year-to-date. As with most of our surveys in recent years, the tide was not up for all boats. New orders increased for approximately 60 percent of the participants for the month, up slightly from last month. Year-to-date, new orders were up for approximately 68 percent of the participants, up from 60 percent reporting last month.
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.
June 30, 2017/Furniture Insights
June 2017 Furniture Insights
Our latest survey of residential furniture manufacturers and distributors produced somewhat unusual results. New orders increased 7 percent in April over April 2016. The unusual part was that only 47 percent of the participants posted increases in new orders. The 7 percent increase followed a 4 percent increase in March when 77 percent of the participants reported increased orders.
May 31, 2017/Furniture Insights
May 2017 Furniture Insights
New orders in March 2017 were up 12 percent over March 2016, according to our latest survey of residential furniture manufacturers and distributors. The good news was that some 77 percent of the participants reported increases. The March increase brought year-to-date increase to 4 percent, up from 2 percent through February. Last year, new orders were even with 2015 first quarter. Shipments increased 6 percent with some 71 percent of the participants reporting increases. Shipments were up 17 percent over February, but some of that increase was likely due to more working days in the month. Last year, first quarter shipments were 2 percent higher than the first quarter of 2015.
May 2, 2017/Furniture Insights
April 2017 Furniture Insights
According to our latest survey of residential furniture manufacturers and distributors, new orders in February were up 4 percent over February 2016 new orders. This increase brought the year-to-date increase up to a 2 percent increase after flat results in January. Year-to-date, orders were up for 58 percent of the participants. The good news was that orders in February were up for two-thirds of the participants.
March 30, 2017/Furniture Insights
March 2017 Furniture Insights
According to our latest survey of residential furniture manufacturers and distributors, new orders in January were basically flat with January 2016 orders. Just over one-half of the participants reported increased orders. These results followed two good months of November and December 2016 when orders were up 8 and 11 percent, respectively.
February 28, 2017/Furniture Insights
February 2017 Furniture Insights
Our 2016 Furniture Insights Survey results are in! December was a good month for many of the participants in our survey of residential furniture manufacturers and distributors. New orders in December were up 11 percent over December 2015.
