U.S. residential furniture factory orders in November 2022 decreased 34.6% from the comparable month in 2021. Year-to-date orders fell 33.7% over the same period in 2021.
Furniture shipments dipped 1.5% from November 2021 but were up 5.8% year-to-date. With shipments continuing to outpace new orders, November backlogs declined 48.4% from 2021 and 9% from October 2022. See Smith Leonard
