business

Almanac Market Data

Business & Institutional Furniture Market Data

Casegoods, furnishings and storage systems used in business offices and hospitality, educational, medical and other institutional settings. Statistics are based on IHS Global Insight industry forecast model is adjusted to focus on the value of the U.S. office furniture market defined as consumption rather than as the historical and traditional shipments, or production. This change was due to the increasing significance of international trade and its impact on the domestic market. Production is manufacture by U.S. based firms; consumptions reflects a broader sales figure.