Furniture makers confidence continues to rise
Business continues to be good for most in the residential side of the furniture world of manufacturers and distributors.
By
Larry Adams
furniture insights
New furniture orders down in August, but not alarming: Smith Leonard
Although new residential furniture orders dropped 14% in August compared to 2020 figures, they are up 30% over 2019 figures. Year-to-date new orders are up double-digits over both 2020 and 2019 figures, according to the latest issue of Furniture Insights.
Despite drop in July, residential furniture orders still up year-to-date
This marks the first time since June 2020 that new orders were down from the same month in the previous year, according to Smith Leonard's latest Furniture Insights.
June residential furniture orders continue growth streak: Smith Leonard
The 7% rise in June 2021 new orders is especially notable considering June 2020 was up 30% over 2019. This marks 13 straight months of year-over-year growth, as reported by Smith Leonard in the latest issue of Furniture Insights.
Double-digit growth continues for new furniture orders: up 34% in February
The increase in new orders was reported by 94% of the residential furniture manufacturers and distributors participating in the latest Furniture Insights survey.
Residential furniture orders continue double-digit growth in January
New orders for residential furniture again saw double-digit gains, rising 27% in January compared to 2020. This marks eight straight months of double-digit increases as compared to the previous year, as reported by Smith Leonard in the latest issue of Furniture Insights.
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.
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.
Furniture orders jump in August: Smith Leonard
Shipments were up 3 percent over August 2019 as participants are having a hard time either ramping up domestic production or importers are having trouble ramping up production overseas.
Residential furniture orders gain in July: Smith Leonard report
Residential furniture manufacturers and distributors continued to show improvements in orders. The July survey from Smith Leonard reflected a 39 percent increase in new orders over July 2019 following a 30 percent increase reported in June. Some 88 percent of the participants reported increased orders over the same month last year.
