The High Point Market kicks off Saturday with hundreds of exhibitors representing more than 100 countries from around the world.
Following the furniture sales boom during the pandemic, inflation, higher interest rates and a frozen housing market took their toll. But some industry professionals are calling 2026 a wait-and-see year.
Several recent economic indicators appear to be trending in the right direction. The Consumer Confidence Index edged up last month. Strategic Insights projects a nearly 2% bump in consumer spending for furniture this year. And according to the Institute for Supply Management, a majority of manufacturers expect higher revenues in 2026…