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Monthly Furniture Insights Report From Smith Leonard | Furniture World Magazine


Furniture World News
MONTHLY RESULTS
New Orders
According to our latest survey of residential furniture manufacturers and distributors, new orders in December 2020 were up 27% over December 2019, following six months of significant double-digit growth in orders. The 27% increase was even higher than November’s 17% increase, which had been the first month that orders had slowed somewhat. We had heard that orders had begun to slow somewhat from the 40 plus % increases so November’s lower increase was no surprise. While the 27% increase was somewhat slower, it was higher than we expected based on our conversations. Some 84% of our participants reported increased orders compared to last December. ....

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