Growth of U.S. furniture imports hits speed bump.WASHINGTON Washington, town, England Washington, town (1991 pop. 48,856), Sunderland metropolitan district, NE England. Washington was designated one of the new towns in 1964 to alleviate overpopulation in the Tyneside-Wearside area. -- U.S. imports of wood and upholstered furniture increased a relatively modest 4.3% through the first nine months of 2006 compared to the same period for 2005. Led by China and Vietnam Vietnam (vēĕt`näm), officially Socialist Republic of Vietnam, republic (v), 128,400 sq mi (332,642 sq km), Southeast Asia. Occupying the eastern coastline of the Southeast Asian peninsula, Vietnam is bounded by China on the north, by Laos , which posted gains of 15.2% and 23.5% respectively, imports reached $13.658 billion, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. figures released by the U.S. Department of Commerce. China continues to draw away from Canada Canada (kăn`ədə), independent nation (2001 pop. 30,007,094), 3,851,787 sq mi (9,976,128 sq km), N North America. Canada occupies all of North America N of the United States (and E of Alaska) except for Greenland and the French islands of as the top source of furniture and wood components for 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. . China's shipments topped $6.7 billion and represented just shy of half of all U.S. furniture imports recorded through September September: see month. 2006. Vietnam, meanwhile, continues to play a more prominent rote rote 1 n. 1. A memorizing process using routine or repetition, often without full attention or comprehension: learn by rote. 2. Mechanical routine. as a furniture and component supplier to the United States. The Communist country, which ended 2005 as the fifth Leading source, climbed to third position with a nine-month shipment total of $740 million. Italy, which has been supplanted by Vietnam, dropped to fifth as shipments declined 21.4% to $721 million. Brazil also took a large hit as shipments fell by 27.7% through the first three quarters of 2006. U.S. furniture makers saw exports increase by 2.3% to $1.148 billion. The nation's furniture trade deficit reached $12.51 billion for the first nine months of 2006.
TOP 10 SOURCES OF U.S.
FURNITURE IMPORTS (in $ millions)
Jan-Sep 2006 vs.
Jan-Sep. 2005 % change
1. China 6,772 5,879 +15.2
2. Canada 1,956 1,936 +1.0
3. Vietnam 740 599 +23.5
4. Malaysia 714 653 +9.3
5. Mexico 589 592 -0.5
6. Italy 567 721 -21.4
7. Indonesia 559 542 +3.1
8. Thailand 318 362 -12.2
9. Brazil 263 364 -27.7
10. Philippines 200 200 0.0
Top 10 Total 12,678 11,848 +7.0
All Others 1,190 1,247 -4.6
Total U.S. Imports 13,658 13,095 +4.3
Total U.S. Exports 1,148 1,024 +2.3
U.S. Trade Deficit 12,510 12,071 +3.6
Source: U.S. Department of Commerce
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