Furniture Orders Drop in June

U.S. residential furniture factory orders in June decreased 39% from the comparable month in 2021.  Year-to-date orders fell 27% over the same period in 2021.

Furniture shipments grew 10% from June 2021 and were up 7% year-to-date. With shipments outpacing new orders, July backlogs declined 17% from 2021. See Smith Leonard

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