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U.S. Furniture Orders Down in October

U.S. furniture factory orders in October dropped 8% from the same month in 2018, according to Smith Leonard’s survey of residential furniture manufacturers and distributors.  New orders decreased for nearly 70% of survey participants.  Year-to-date new orders were 2% lower than the comparable period in 2018, a decline for 73% of respondents.

Shipments rose 6% from October 2018, representing an increase for 58% of those surveyed.  Year-to-date shipments were even with the year-ago period.  See Smith Leonard

 

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