July 1, 2014/Furniture Insights
July 2014 Furniture Insights
According to our latest survey of residential furniture manufacturers and distributors, new orders in May 2014 increased 3 percent over orders in May 2013, following a 13 percent increase reported last month. As we noted last month, new orders results were likely skewed due to the timing of the April Market with the 2014 Market in early April and the 2013 happening in late April. Combined for the two months, orders increased almost 8 percent.
June 1, 2014/Furniture Insights
June 2014 Furniture Insights
New orders in April 2014 were up 13 percent over April 2013, according to our latest survey of residential furniture manufacturers and distributors. We expect that some of this large increase is due to the fact that the High Point April Market was early in 2014 (starting April 5) versus a late market in 2013 (starting April 20). With market starting early in the month, there is more time to record after market orders in April. We will see if this affects May order rates. Approximately 77 percent of our participants reported increased orders in April, up from 62 percent in March.
May 1, 2014/Furniture Insights
May 2014 Furniture Insights
According to our latest survey of residential furniture manufacturers and distributors, new orders in March 2014 were up 9 percent over new orders in March 2013. New orders were up 13 percent over February with one more business day in March. Approximately 62 percent of the participants reported increased orders over March 2013, up from 52 percent reported last month.
March 1, 2014/Furniture Insights
March 2014 Furniture Insights
According to our latest survey of residential furniture manufacturers and distributors, new orders in January 2014 were 2 percent higher than January 2013 and up 8 percent over December (remembering December is a short month with the Holidays). This was about what was expected as most we talked with noted some slower growth in January. New orders in January 2013 were 7 percent higher than January 2012 so at least the 2 percent increase was comparing to a decent growth month in 2013.
February 1, 2014/Furniture Insights
February 2014 Furniture Insights
According to our latest survey of residential furniture manufacturers and distributors, new orders in December 2013 were up 5 percent over December 2012. New orders fell 13 percent from November, but orders are typically lower in December versus November. New orders in December 2012 were down 7 percent from December 2011 so December 2013 orders were actually down from 2011 levels. For the month, new orders were up over 2012 for 62 percent of the participants, down from 77 percent reporting last month.
January 1, 2014/Furniture Insights
January 2014 Furniture Insights
New orders in November 2013 were 10 percent higher than new orders in November 2012 according to our latest survey of residential furniture manufacturers and distributors. This represented the eighth consecutive month that new orders exceeded the previous year’s monthly comparison and was also one of the better comparisons.
December 1, 2013/Furniture Insights
December 2013 Furniture Insights
According to our latest survey of residential furniture manufacturers and distributors, new orders in October 2013 were 5 percent higher than new orders in October 2012. This compared to a 4 percent increase reported last month when comparing September 2013 to September 2012. October results continued the trend of increases in orders each month since March 2013 when there was a 1 percent decline reported.
November 1, 2013/Furniture Insights
November 2013 Furniture Insights
New orders in September 2013 were 4 percent higher than orders in September 2012 and were 12 percent higher than August 2013, according to our latest survey of residential furniture manufacturers and distributors. New orders were up for 72 percent of our participants, slightly less than last month but very much in line. The results were also in line with most of what we had heard from conversations, that being orders up nicely for many but at least steady for most.
October 1, 2013/Furniture Insights
October 2013 Furniture Insights
According to our latest survey of residential furniture manufacturers and distributors, new orders in August 2013 were 9 percent higher than August 2012. This result was pretty much in line with much of what we had heard up through the end of August. August 2012 orders were 8 percent higher than August 2012 so we were comparing to some pretty good results in the previous year.
September 1, 2013/Furniture Insights
September 2013 Furniture Insights
New orders in July 2013 increased 13 percent over orders in July 2012, according to our latest survey of residential furniture manufacturers and distributors. New orders were 2 percent lower than June 2013 but that is pretty normal for the July to June comparison. Approximately 76 percent of the participants reported increased orders in July over July comparisons. This was up from 64 percent last month.
