U.S. Furniture Factory Orders Rise
U.S. furniture factory orders in August rose 9% from the comparable month in 2017. Approximately 70% of the participants reported increased orders in August. Year-to-date new orders grew 6% from the first eight months last year. Nearly 71% of the participants reported increased year-to-date orders.
Shipments were up 5% from August 2017 and increased year-to-date by 3%. August shipments were 5% higher than the same period in 2017. See Smith Leonard