Office furniture manufacturing stocks were hammered with Knoll falling 3.47%, Herman Miller sliding 3.37%.
Knoll, Herman Miller Biggest Losers on Wild Wednesday Market Rout
Tariffs Delayed for Toothpicks but not for Office Furniture
Office furniture makers just don't employ enough high paid lobbyists, apparently toothpick makers do.
Furniture Survey Shows Gains in July
Recession Preview? Design services demand stalled in June
Durable-Goods Orders Declined in May
Demand for long-lasting goods produced by U.S. factories decreased in May for the third time in four months, underscoring a broader slowdown in the manufacturing sector.
Faltering Factories Cast a Dark Cloud Over Global Economy
Steelcase Inc. said some U.S. customers are asking to delay deliveries because they can’t find the workers needed to finish construction of new offices.
Architecture Billings Remain Flat in May
AIA’s Architecture Billings Index (ABI) score for May showed a small increase in design services at 50.2, which is slightly down from 50.5 in April.
ASID releases 1st quarter Interior Design Billings Index report: Commercial Design still negative
Design activity for industrial and commercial purposes has been in contractionary territory for the last four quarters. Interior designers operating in the institutional sector reported an IDBI score of 47.9, while those in the commercial sector reported a score of 48.8.
MADA / OFI Trends Survey for April 2019
The April 2019 index declined more than six points to 57.73 which is slightly below the 58.23 survey average. The previous all-time high and low were in July 2018 (66.86) and July 2009 (41.40).
US growth increases by 3.2% in first quarter due to trade and inventory
Business spending also slumped sharply in the first quarter, standing at 2.7 percent, down from 5.4 percent in the fourth quarter. Business investment also slowed from the previous quarter, with agricultural machinery and office furniture posting the largest declines.
AIA: Billings Backslide in March
CBRE: Manhattan Office Rents Up, Leasing Volume Down in First Quarter
"With a solid pipeline of active tenant requirements, we expect leasing totals to pick up later in the year,” says Nicole LaRusso, director of Research & Analysis for CBRE Tri-State.
Furniture exec forecasts positive 2019
AIA: Architecture Billings' Growth Strengthened in January Despite Partial Government Shutdown
January Furniture Survey Improves Again
The commercial furniture industry “remains very strong,” according to Michael Dunlap after analyzing the results of the Michael A. Dunlap & Associates January 2019 Quarterly MADA/OFI Trends survey.
Trump Has Promised to Bring Jobs Back. His Tariffs Threaten to Send Them Away.
The tariffs have been sold to Americans as a means of forcing multinational companies to make their products in the United States, abandoning China, Mexico and other low-cost centers of industry. But the tariffs are threatening jobs that are already here.
Here comes the downturn
It’s remarkable how fast the tenor of the times has changed. Only a few months ago we were in a boom that seemed like it might never end.
AIA: Billings Remain Positive for the 14th Consecutive Month
Last month, the overall billings increased by a healthy margin to a score of 54.7, and architecture firms in the Northeast, West, and South regions reported positive growth in billings.
Architecture firm billings continue to slow, but remain positive in October
National Office Vacancies Dip, Rents Rise In Q3 Ahead Of Historic Supply Wave
The United States office market continues to enjoy steady growth as the current economic cycle continues to expand.