Q2 2023 U.S. Furniture and Wood Product Sales Grow

Second quarter 2023 U.S. wood product manufacturing sales increased 5.9% from Q1 to $29.9 billion but fell 26.9% from the same period in 2022. After-tax profits climbed 12.5% to $2.9 billion from the prior three months but were 51.8% lower than Q2 2022.

Furniture sales were up 2.8% from Q1 to $19.6 billion but down 7.7% from Q2 2022. After-tax profits in Q2 rose 14.2% from the first quarter to $1.4 billion and grew 11.8% from the same quarter in 2022. See U.S. Census Bureau

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