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Kitchen/dinette table, chairs

By Furniture Today Staff -- Furniture Today, February 23, 2003

U.S. households are planning to spend more than $3 billion on informal dining furniture this year, assuming they follow through with their buying plans. The median planned spending for the 3.8% of households planning to make a purchase is $400, less in the West and South.

Households with incomes of $100,000 or more account for only 12% of those planning to buy casual dining, but they plan to spend more than their lower income counterparts, a median of $600 for those in the $100,000 to $124,999 income range and a median of $750 for those earning $125,000 or more. If these households spend as planned, they will account for about 19% of casual dining spending.

Several groups plan to buy casual dining at a rate greater than their numbers in the population suggest. Among those with a high plan-to-buy index are under-25 households, who plan to buy at 2.5 times their presence in the population. Their median budget for their purchase is $200. Young singles are planning to buy at twice the rate of their numbers in the population, spending a median of $300. Renters have a plan-to-buy index of 153 — that is, they are 1.5 times as likely to be shopping for casual dining than their presence in the population. In all, renters make up 29% of those planning to make a casual dining purchase and plan to spend a median of $300.

Percent of households that...
Shopped for kitchen/dinette table, chairs in 2002 5.4%
Bought kitchen/dinette table, chairs in 2002 3.0%
Plan to buy kitchen/dinette table, chairs in 2003 3.8%
Income % of the 3.0% of households that in 2002 bought % of the 3.8% of households that in 2003 plan to buy
kitchen/dinette table, chairs
Under $20,000 15% 20%
$20,000 – $29,999 10% 12%
$30,000 – $39,999 10% 14%
$40,000 – $49,999 9% 10%
$50,000 – $59,999 9% 8%
$60,000 – $74,999 11% 11%
$75,000 – $84,999 7% 5%
$85,000 – $99,999 9% 8%
$100,000 – $124,999 10% 6%
$125,000 or more 10% 6%
Lifestage % of the 3.0% of households that in 2002 bought % of the 3.8% of households that in 2003 plan to buy
kitchen/dinette table, chairs
Young singles 4% 6%
Middle singles 8% 10%
Older singles 3% 4%
Young couples 10% 8%
Working older couples 17% 11%
Retired older couples 8% 7%
Young parents 18% 20%
Middle parents 12% 13%
Older parents 18% 19%
Roommates 2% 2%
Age % of the 3.0% of households that bought in 2002 % of the 3.8% of households that plan to buy in 2003
kitchen/dinette table, chairs
Under 25 4% 5%
25–34 19% 23%
35–44 24% 26%
45–54 24% 22%
55–64 17% 13%
65 and over 12% 11%
Budgets for casual dining in 2003 % of households that plan to spend
Under $100 6%
$100–$199 13
$200–$299 17
$300–$499 14
$400–$499 9
$500–$599 15
$600–$999 11
$1,000–$1,499 9
$1,500 or more 6
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