July residential furniture orders show growth: Smith Leonard

HIGH POINT, N.C. — New residential furniture orders rose 13% in July, compared to the same period in 2024, according to the September issue of Furniture Insights. New orders also rose compared to the month prior, up 6% over June figures, according to Mark Laferriere, assurance partner at Smith Leonard, the accounting and consulting firm that produces the monthly report. Approximately two-thirds of participants reported increases compared to a year ago, he said.

New residential furniture orders are now down just 1% for the year-to-date, compared to last year.

July shipments were up 3% compared to 2024 figures, with two-thirds of survey participants reporting increases compared to the year prior, Laferriere noted. However, July shipments were down 2% compared to June. and remain down 1% for the year-to-date compared to 2024 figures. July backlogs were down 4% compared to 2024, but up 2% from June 2025 as new orders outpaced shipments, Laferriere said…

Story continues

TRENDING NOW

LATEST LOCAL NEWS