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U.S. Furniture Factory Orders Up

U.S. residential furniture factory orders in January rose 1% from December 2018 and were 8% higher than the comparable month in 2018, according to a recent survey of manufacturers and distributors. Only 50% of survey respondents reported higher orders in January. Shipments were even with December 2018 and up 14% from January 2018, with 75% of survey participants reporting year-over-year increased levels. See Smith Leonard

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