In America, furniture sales dropped 0.7% in April compared to March, according to report published b SpendingPulse, who are a retail data service of MasterCard.
Whilst this is only a small drop from one month it follows a 1.3% drop between February and March. The continuing slump in the housing market has a lot to do with the challenges facing the furniture industry, analysts say.
SpendingPulse data comes from sales activity logged by MasterCard and estimates based on other methods of payment.
Information from: www.bizjournals.com
