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U.S. Furniture Orders Rise in December

U.S. furniture factory orders in December 2016 rose 11% over the comparable period in 2015, according to the monthly survey of residential furniture manufacturers and distributors.  Annual orders for 2016 grew 3% over 2015.  December shipments were 15% higher than the same month in the prior year. Annual shipments increased 1% over 2015. Only about 43% of survey participants reported increased shipments for the year. See Smith Leonard

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