Woodworking Industry News
HIGH POINT, N.C. - Residential furniture orders rose 5% in May compared to the year prior, marking five straight months of year-over-year growth, according to the latest Furniture Insights survey of residential furniture manufacturers and distributors from Smith Leonard. An estimated 63% of those surveyed reported an increase in new orders for May, compared to 79% which growth in April, the accounting and consulting firm reported.
Year-to-date new orders remain 6% ahead of last year's figures for the same time period.