HIGH POINT, NC -- New residential furniture orders in February were basically even with February 2010, according to furniture consulting and accounting firm Smith Leonard's monthly survey of furniture manufacturers and distributors.
Year-to-date, new orders were even with the first two months of last year when orders were up 9% over the first two months of 2009. About 44% of the survey participants reported increased orders year-to-date compared to 41% for the month.
Meanwhile, shipments for the month of February were 2%t lower than February 2010 when they were 4% higher than February 2009, Smith Leonard said. shipments. As we have discussed before.
Posted by Rich Christianson
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