The shopping preferences of high-income earners
Latest segment of Consumer Insights Now delves into planned furniture spending of consumers earning $150,000 and up HIGH POINT — For high-income consumers shopping for …
Author: Thomas Russell
Home News Now Editor-in-Chief Thomas Russell has covered the furniture industry for 25 years at various daily and weekly consumer and trade publications. He can be reached at tom@homenewsnow.com and at 336-508-4616.
Report: Furniture imports decline 12.7% from 2024
Analysis from investment banking firm Mann Armistead & Epperson shows the wholesale value of furniture shipments to the US totaled $29.6 billion last year RICHMOND, …
Value of 2025 US furniture exports falls 4.7% from 2024
Decline in shipments from overseas producers also appears to narrow the trade deficit in household furniture WASHINGTON — The wholesale value of 2025 residential furniture …
CPSC announces 2 clothing storage unit recalls
Units are unstable if not anchored to the wall, posing serious tip-over, entrapment hazard WASHINGTON — Two recalls announced by the U.S. Consumer Product Safety …
NAR reports slight drop in pending homes sales from February 2025
However, activity rose 1.8% from January, suggesting that closings could pick up in the next 30-60 days WASHINGTON — The National Association of Realtors reported …
Disruptions from war in Middle East could hasten industry price increases this spring
Sources say the price of oil-based materials such as paints, finishes and foam could rise, but of even greater concern are potential hikes in container …
Cost of Housing Index offers insights into housing affordability
Recent study looks at how much pretax income is needed to cover mortgages for new, existing homes WASHINGTON — The latest Cost of Housing Index …
Elements International reaches agreement to sell Style Line Furniture to Jonathan Louis
Sale would include Verona, Mississippi, upholstery manufacturer’s assets including 350,000- square-foot plant and surrounding real estate VERONA, Miss. — Full-line resource Elements International Group LLC …
CNBC/NRF Retail Monitor estimates 3% increase in furniture store sales from February 2025
Segment shows a .27% decline since January, indicating consumers may have been reluctant to put more big purchases on credit cards WASHINGTON — The CNBC/National …
Existing home sales fall 1.4% from February 2025
National Association of Realtors report also says that affordability improved for the 8th straight month WASHINGTON — Existing-home sales declined 1.4% from February 2025, but …
