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July 2023 Furniture Insights®

Executive Summary As we expected, the results of our survey for May continued to indicate slow business for the most part. While orders in May were up 15% over May 2022, a good portion of that increase...

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August 2023 Furniture Insights®

Executive Summary Once again, the results of our recent survey of residential furniture manufacturers and distributors require explanation more than just a comparison. New orders in June 2023 were up...

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September 2023 Furniture Insights®

Executive Summary Our latest survey showed that new orders in July 2023 were up 28% over July 2022, but once again we have to look deeper to understand what that means. July 2022 new orders were down...

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October 2023 Furniture Insights®

Executive Summary The latest survey of residential furniture manufacturers and distributors reflected similar results as we have seen recently, with new orders in August 2023 up 29% over August 2022,...

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November 2023 Furniture Insights®

Executive Summary Once again, the results of our survey require taking more history into account. New orders in September were up 13% over September 2022. But September 2022 orders were down 26%. As...

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December 2023 Furniture Insights®

Executive Summary For the record, some of you may have heard by the time you get this version of Furniture Insights®, but I will be retiring from Smith Leonard, effective December 31, which also means...

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January 2024 Furniture Insights®

Executive Summary First of all, I’d like to thank Ken Smith for his dedication and service to the furniture industry over the years, including this very week helping to provide for a smooth transition...

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February 2024 Furniture Insights®

Executive Summary New orders rose 6% in December 2023 compared to December 2022, which marks the 8th straight month orders have grown over the prior year, but a cooling off from the double-digit...

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ESOP FAQs: Frequently Asked Questions Related to Employee Stock Ownership Plans

Employee ownership can be an attractive option for owners looking to sell their business while maintaining their legacy and protecting the well-being of employees. The following article answers common...

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March 2024 Furniture Insights®

Executive Summary New orders were down (1)% in January 2024 compared to January 2023 breaking our streak of 8 straight months with order growth over the prior year. However, new orders were up 7% over...

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