Originally Published in April 7, 2008 Issue of Furniture Today
Itís a small world after all ó the title of this Disney song could just as well be the theme of the U.S. furniture industry in the new millennium.
Between 1992 and 2006, imports of furniture and bedding grew by a whopping 479%. During the same period, retail furniture and bedding sales grew by 117%. Itís not hard to figure out that a larger and larger amount of furniture bought by consumers was produced outside of the U.S.
This exclusive report looks at this overwhelming trend with data on key changes during 1992-2006, top 10 countries exporting to the U.S., main products shipped by these countries, direct importing by furniture stores and investment by international firms in the U.S. furniture industry.
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