Woodworking Industry News

Residential furniture orders show 5% gain in July

HIGH POINT, N.C. - Residential furniture orders rose 5% in July compared to the year prior, marking the third straight month of 5% growth over the same month a year prior, according to the latest Furniture Insights survey of residential furniture manufacturers and distributors from Smith Leonard. "The 5% increase was a good one considering July 2017 orders were 11% higher than July 2016," said said Ken Smith, managing partner at Smith Leonard.