Almanac Market Data

Almanac Market Data

Wood industry sales gained 5 percent in 2016 for FDMC 300

The group of 300 largest North American cabinet, millwork, furniture and fixture manufacturers recorded a fifth consecutive year of sales expansion in 2016, in the initial report from the FDMC 300 - the annual statistical recap of wood manufacturing firms' sales performance. The list is published annually by FDMC magazine.

Almanac Market Data

Wood Industry Almanac 2016-2017 market drivers: Residential Furniture

The residential furniture industry continues to display slow, but steady signs of improvement, with the year-to-date figures from Smith Leonard’s Furniture Insights showing a 1% gain in new orders over the first 8 months of 2015, and shipments holding about even. We also continue to see a number of manufacturers expanding and/or reshoring, particularly on the upholstered side, due in part to a desire for fast delivery and customization.

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