New orders for residential furniture continue their year-over-year decline, dropping 7% in August compared to the year prior. However, they're up double digits compared to July figures.
Manufacturers reported overall cabinet sales dropped 1.5% in August compared to 2023 figures, but rose 3.3% compared to July, according to the latest KCMA Trend of Business report.
Recognized in 2024 as a Wood Industry Market Leader, Jeff Bellows is the owner/operator of Jeff Bellows Construction, a custom cabinetry, millwork and general contractor firm, and also co-founder of a 52,000-plus Facebook group dedicated to helping small and mid-size shops.
The 2024 Wood Industry Market Leaders are (pictured clockwise, beginning top left): Brian Krenke, president and CEO, KI; Rick Coffey, president and COO, McCreary Modern; Barbara Snook, vice president, Custom Spaces & Manufacturing, The Container Store; Alex Legall, CEO, Forte⢠Opening Solutions; Marc Sanderson, president and owner, Wilkie Sanderson, Innergy; and Jeff Bellows, owner/operator, Jeff Bellows Construction.