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Friday, 16 May 2008
 
 

American Consumer Spending on Furniture

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American Consumer Spending on Furniture

Furniture consumption in the USA grew at a rate of 6.9% in 2006, up from 4.7% the year before. This year may witness a painful slowdown to an anticipated rate of only 2.2%. This would bring the market value to about $86.4 billion this year compared to $84.5 billion last year. Growth for 2008 may be at the same slow speed, lifting the market to about $88.3 billion.
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