Office Furniture Industry trends survey showed the furniture industry remains solid with an overall strong and steady index, according to Michael Dunlap.
October Furniture Survey Remains Solid
AIA: Billings Remain Positive for the 12th Consecutive Month
ABI August 2018: End of summer sees healthy billings rebound
How to Avoid Tariffs? Make Your Furniture in the USA
Investing in the U.S. has helped 9to5 Seating avoid those tariffs, which in turn helps the company keep its prices low while competitors sourcing from China will likely have to increase their prices.
ABI July 2018: Billings grow at slower pace for second straight month
IOPFDA Seeks Tariff Exclusions for Office Products and Furniture
Testifying on behalf of the IOPFDA, Mike Tucker warned that a lack of alternative sources will essentially make the tariffs and additional tax on business owners and cancel out any benefits provided by the recent tax cuts.
ASID Interior Design Billings Index (IDBI) 2018 Q2 Report
Survey results at the end of the second quarter show a decline from the Q1 end-of-quarter scores. Approximately 20 percent of respondents reported billings growth.
AIA: Nonresidential Construction Spending Expected to Grow
After modest increases in nonresidential construction spending last year, the AIA Consensus Construction Forecast Panel defied previous expectations, now projecting 4.0-percent growth in 2018 and an increase of 3.9 percent in 2019.
How Trump’s tariffs are affecting the furniture industry
The Trump tariffs have sweeping implications for the American design and furniture industry, which ultimately affects what we put in our homes and offices.
Latest Survey says Contract Furniture Industry doing well
“The Overall Index is strong and remains well above the 57.13 Survey average. We remain confident that 2018 will exceed 2017.”
AIA: Billings Increase for Ninth Consecutive Month
The rate of growth did slow when compared to May, but architecture billings remained positive in June, coming in at a score of 51.3.
U.S. Consumer Prices Increase at Fastest Annual Rate Since 2012
Why Aren’t Companies Spending More?
The tax cut gave companies ample means to significantly increase capital spending, but so far they don’t seem to be.
AIA: Billings Increase for Sixth Consecutive Month
Billings decreased in three of four sectors in March, but the institutional sector was the only sector to show contraction, dropping 2.1 points to a score of 49.7. All other sectors posted billings scores above 50, indicating growth.
Proposed tariffs on aluminum, steel ‘bad news’ for West Michigan manufacturers
The tariffs would have sweeping effects on the domestic manufacturing industry, especially since a shop with $10 million in annual sales spends an average of one-third, or $3.3 million, on raw material like steel and aluminum.
AIA: Strong Demand for Design Services in January
Bllings continued to grow last month, posting gains in every region of the U.S. other than the Northeast.
AIA: Architecture Billings Post Strong Growth in November
Demand for design services reached the highest level seen in 2017, and billings increased in each sector month-to-month.
Forecasting the contract furniture industry
North America continues to control the largest piece of the pie when it comes to the global contract furniture market, with consumption of office, education and healthcare furniture estimated at $18.41 billion in 2016, the most recent figures published by BIFMA/IHS Markit.
Architecture Billings Index in October enters Q4 with modest uptick
Billings re-entered positive territory in October, following September's decline in demand for design services—the first decline seen in seven months.
Lack of available workers begins to hit manufacturing output
The unemployment rate in the Grand Rapids metropolitan area was pegged at 3.8 percent as of August — the lowest in the state, according to unadjusted data from the Michigan Bureau of Labor Market Information and Strategic Initiatives.