residential furniture

Woodworking Industry News

AHFA, UL partner on furniture stability program

HIGH POINT, N.C. – A new program developed by Underwriters Lab in partnership with the American Home Furnishings Alliance will help consumers verify, and identify, furniture that meets voluntary stability standards. According to AHFA, four case goods companies served as pilot sites and have successfully completed the new Stability Verified program. The four — Ashley Furniture, Hooker Furniture, Samson Marketing and Sauder Woodworking — could have Stability Verified products available online or in retail stores as early as November.

Woodworking Industry News

Residential furniture orders show 5% gain in May

HIGH POINT, N.C. - Residential furniture orders rose 5% in May compared to the year prior, marking five straight months of year-over-year growth, according to the latest Furniture Insights survey of residential furniture manufacturers and distributors from Smith Leonard. An estimated 63% of those surveyed reported an increase in new orders for May, compared to 79% which growth in April, the accounting and consulting firm reported. Year-to-date new orders remain 6% ahead of last year's figures for the same time period.

Woodworking Industry News

Residential furniture orders show slight gains in March

Despite a sluggish first quarter in overall business, residential furniture orders for March rose slightly, 2%, compared to the year prior, according to the latest Furniture Insights survey of residential furniture manufacturers and distributors from Smith Leonard. Less than half of those surveyed, 42%, reported an increase in new orders, the accounting and consulting firm reported.

Woodworking Industry News

Residential furniture orders drop 9% in December

HIGH POINT, N.C. - Despite gains in October and November, residential furniture orders dropped 9% in December compared to the year prior,  according to the latest Furniture Insights survey of residential furniture manufacturers and distributors from Smith Leonard. December's drop is only the second time in 2017 where new orders decreased compared with the same month in the year prior.