Woodworking Industry News

Furniture

Residential furniture orders show August drop

New residential furniture orders fell 3% in August, compared to the same period in 2024, according to the October issue of Furniture Insights. New orders also dropped 3% compared to the month prior, according to Mark Laferriere, assurance partner at Smith Leonard, the accounting and consulting firm that produces the monthly report.

Cabinets

MasterBrand releases Q3 results, plans for tariffs' impact

Net sales were $698.9 million, a decrease of 2.7% compared to the third quarter of 2024. MasterBrand continues to evaluate the impact of tariffs and is actively executing a comprehensive mitigation strategy, including pricing adjustments, supplier renegotiations, alternative sourcing, and optimizing or relocating manufacturing operations to offset tariff exposure as trade policy evolves.