An Increase in Office Employment is Expected to Lift the US Office Furniture Market to $9.8 billion in 2006.DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles. -- Research and Markets (http://www.researchandmarkets.com/reports/c27369) has announced the addition of American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of Demand for Office Furniture and Trends to their offering The office furniture industry performed satisfactorily throughout the 1990s as the domestic economy has shifted from being manufacturing driven to one where services play an increasingly important role. However, the new millennium millennium [Lat.,=1,000 years], the period of 1,000 years in which, according to some schools of Christian eschatology, Christ will reign again gloriously on earth. Belief in the millennium, based on Rev. 20, has recurred in Christianity since the earliest times. has been less fortunate. Between 2000 and 2003, office furniture shipments in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. fell by more than one-third. This was the largest decrease in shipments for over 20 years. In value terms the market stood at $8,505 million in 2003. The office furniture market in 2003 in current dollar terms was ahead by only 8.2% over its 1990 value, and in constant dollar terms it was down by 10.7%. Office employment growth started to improved in 2004 and real shipments of office furniture increased by about 2%. The positive trend is expected to continue. For 2005 a growth rate of 5.0% is forecast and 6.1% for 2006. This will lift the market value to $9.2 billion and $ 9.8 billion respectively. Nevertheless, the 2006 value will remain 26.5% lower than the previous peak level of $13.3 billion reached in 2000. The mid to long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. outlook for the office furniture industry is good. Employment in the office intensive sector (defined as finance, insurance and real estate (FIRE), business services industries and government) will continue to grow at a pace exceeding that for the economy as a whole. Topics covered in the report include: - The Size of the Market by Product - Client Categories - Market Forces - Forecast and Anticipated Trends For more information visit http://www.researchandmarkets.com/reports/c27369 |
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