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U.S. Furniture Factory Orders Down in May

U.S. residential furniture factory orders in May fell 3% from both the comparable month last year and the year-to-date total in 2018, according to a recent survey of manufacturers and distributors. Nearly 59% of survey respondents recorded lower orders compared to May 2018. Shipments were also down 3% from May 2018 and 1% lower year-to-date.  Almost 64% of survey participants reporting year-over-year decreased totals. See Smith Leonard

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