U.S. Furniture Factory Orders Increase
U.S. residential furniture factory orders in October rose 7% over 2017, according to a recent survey of manufacturers and distributors. Year-to-date orders were 6% higher than the first ten months of 2017. Nearly 68% of survey respondents reported year-to-date increases.
October shipments were 3% higher than the year prior and year-to-date totals were 3% higher than 2017. Nearly 66% of participants reported higher shipments. See Smith Leonard