Annual expenditures for improvements and maintenance to owner-occupied homes are expected to grow modestly through 2026.

Virco Mfg. Corporation, a manufacturer and direct supplier of moveable furniture and equipment for educational environments and public spaces in the United States, reported "strong earnings results" for the company’s fourth quarter and full fiscal year ended January 31, 2025.

New residential furniture orders dropped 3% in January compared to the same period in 2024, according to the March issue of Furniture Insights. Yet despite the overall decline, two-thirds of respondents reported seeing increased orders.

MasterBrand, Inc., the largest residential cabinet manufacturer in North America that ranks #7 on the FDMC 300 list of top North American wood products, announced that its Board of Directors has authorized a share repurchase program to buy back up to $50 million of the company’s outstanding common stock until March 13, 2028.

WASHINGTON —

New residential furniture orders rose 1% in December compared to the same period in 2023, according to the February issue of Furniture Insights, reversing the previous month's decline. However, new orders were down for the year to date, by 1%.

Boise Cascade, which reported a 2% decline in total sales for 2024, reaching $6.7 billion, compared to $6.8 billion in 2023, remains focused on capital investments, according to a recent earnings call. 

The construction industry added 4,000 jobs on net in January, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics

Metrie, North America’s largest manufacturer and distributor of millwork solutions, has made several key promotions within its strategic leadership team.

Flexsteel Industries, Inc., one of the largest manufacturers, importers, and marketers of residential furniture products in the United States, reported its fifth consecutive quarter of year-over-year sales growth.