Furniture Today polled industry analysts and economists to develop a forecast for the upcoming year and 2010. The consensus: another down year for furniture stores, with sales slipping another 6.1% before making a modest gain in 2010. Overall consumer spending for furniture in bedding through all retail channels is projected to fare somewhat better, dipping only 2.0% in '09, on the heels of an estimated 9.3% decline in 2008. In addition to 2009 quarter-by-quarter forecasts for furniture and bedding spending and furniture store sales, similar projections are given for producer and consumer price indices for furniture, private housing starts, single-family home resales, new home sales, mortgage rates, real gross domestic product, overall consumer price index, unemployment rate, personal disposable income and the prime interest rate. *3 pages* Please Note: This report is available for immediate electronic download in PDF format. When you order this report, you will come to an order confirmation page which will show your report, with a blue "Download" button. |
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