U.S. ­­Furniture and Wood Product Sales Improve

U.S. wood product manufacturing sales in the second quarter of 2024 increased 6.8% from Q1 to $26.4 billion but dropped 10.7% from the same period last year. After-tax profits grew 29.9% to $2.0 billion from the prior three months but were 28.9% lower than Q2 2023.

Furniture sales rose 6.2% from Q1 to $17.2 billion but were down 11.3% from Q2 a year ago. After-tax profits in Q2 shrunk 26.8% from the first quarter, reaching $692 million, and fell 48.0% from the same quarter in 2023. See U.S. Census Bureau

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