Residential furniture orders up 6% in February, pre-COVID-19 impact
HIGH POINT, N.C. - New residential furniture orders rose 6% in February compared to the same period a year ago, bringing year-to-date orders up 4% over 2019, said Smith Leonard in the latest Furniture Insights survey of manufacturers and distributors. About two-thirds of the respondents reported increased orders in February. The analyst and consulting firm noted upcoming reports will reflect the impact of COVID-19 on the industry.