US: further decline in incoming orders of furniture producers

After a positive start to the year, manufacturers of living room and dining room furniture in the high-quality and solid wood segment were also able to match the pre-crisis level in March and April. In some cases, order values from 2019 - which were used for better comparability due to the corona-related distortions in...

At the beginning of 2022, solid wood furniture manufacturer Hartmann Möbelwerke GmbH commissioned a new finished goods warehouse with an area of around 10,000 m² at company headquarters in Beelen. The commissioning has meanwhile increased the site’s total constructed storage and production area to approximately 30,000...

In February, incoming orders of US furniture manufacturers in the residential sector declined by 20% vis à vis the preceding year to US$2.462bn. Despite this decline, according to the monthly survey of consultancy company Smith Leonard the figure was still 8% above the level reached in February 2020....