U.S. Furniture Factory Orders Increase
U.S. residential furniture factory orders in November 2018 rose 3% over the comparable month in 2017, according to a recent survey of manufacturers and distributors. Year-to-date orders were 6% higher than the first eleven months of 2017. Nearly 47% of survey respondents reported year-to-date increases.
November shipments were 8% higher than the year prior, and year-to-date totals were 3% higher than 2017. Nearly 68% of participants reported higher shipments. See Smith Leonard