Almanac Market Data

Outdoor furniture & living spaces: What's trending for 2021

HIGH POINT, N.C. – Volumes of scientific research prove the physical and mental health benefits of spending time in nature. And, while the COVID-19 pandemic has kept the majority of people at home for the past year, 90 percent of Americans with outdoor living space have been taking greater advantage of their decks, porches and patios, and consider their outdoor living space is more valuable than ever before.

Residential furniture orders see 27% rise in December, up 15% for 2020

New orders for residential furniture continued to rise in December, up 27% compared to 2019. This continues the streak of year-over-year double-digit increases since June 2020, as reported by Smith Leonard in the latest issue of Furniture Insights. The increase in new orders was reported by about 84% of the residential furniture manufacturers and distributors participating in the monthly survey.

December cabinet sales rise 11.6%, year up 2%

RESTON, Va. - Cabinet sales rose 11.6% in December 2020 compared to the previous year's figures, ending the year on a high note with six straight months of year-over-year growth for the industry. According to participating members in the Kitchen Cabinet Manufacturers Association's monthly Trend of Business Survey, custom sales were up 19.3%, semi-custom increased 12.5% and stock sales increased 9.6% in December compared to the same period in 2019.

New residential furniture orders slow, still up 17% for November

HIGH POINT, N.C. -  Residential furniture manufacturers saw new orders rise a respectable 17% in November compared to 2019, following large increases of 30% in June, 39% in July, 51% in August, 43% in September and 40% in October, according to January's Furniture Insights by Smith Leonard. The increase in new orders was reported by about three-quarters of the manufacturers and distributors participating in the monthly survey.

November cabinet sales up 8.3%

RESTON, Va. - Cabinet sales rose 8.3% in November 2020 compared to the previous year's figures, marking another month of year-over-year growth for the industry. According to participating members in the Kitchen Cabinet Manufacturers Association's monthly Trend of Business Survey, custom sales were up 3.8%, semi-custom rose 6.3% and stock sales increased 10.6% compared to the same period in 2019.