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November 14, 2022

U.S. furniture and homeware sales plunge in August

According to the latest data released by the U.S. Department of Commerce, in August, seasonally adjusted sales of furniture and household goods in the United States reached $11.783 billion, down 1.3% from $11.936 billion in July and $11.971 billion in August last year. It fell 1.6% year-on-year and was one of the worst-performing retail sectors tracked by the government. However, combined with previous statistics, from January to August 2022, the sales of furniture and household goods in the United States reached 96.333 billion US dollars, an increase of 1.49% from the 94.923 billion US dollars in the same period last year.
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