follow us

Furniture posts slight rebound in March despite U.S. sales dip

WASHINGTON — While total retail sales dipped 0.4% in March from the previous month, the furniture industry saw a rebound last month with a 0.9% increase over February, according to the latest report from the U.S. Department of Commerce.

Furniture and home furnishings store sales increased to $8.11 billion in February, from an adjusted $8.04 billion the month before. The sales were up 2.8% from a revised $7.89 billion in March 2012.

For the quarter, furniture sales were up 0.7% from the fourth quarter and 3.1% from the first quarter of 2012.

The decline in overall retail sales in March, was the second drop in three months.

Featured Video

  • Cindy Hodnett previews the new Candice Olson collection at Highland House

    Camera Icon More Videos

Other Home Furnishings Sites

Casual Living
Gifts and Decorative Accessories
Home Accents Today
Kids Today
Home & Textiles Today