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Reshoring continues.

BUSINESS Dovetailing on the uptick in the housing and remodeling markets, consumer spending for U.S. manufactured residential furniture reached in $17.8 billion 2012. This figures looks to trend upward as reshoring efforts by domestic manufacturers continues to slow the tide of imports.

Year-to-date (July 2014, seasonally adjusted) figures by the U.S. Census Bureau show exports of furniture and household goods at $2.9 billion, up 4.7% compared to 2013. Imports grew at a slightly higher rate, up 9.5% to $16.8 billion year-to-date. It is hoped that the imbalance will slow as U.S. manufacturers continue ramp up their production and become more price competitive.

In addition to competition from low-cost imports, furniture flammability, formaldehyde emissions and sustainability/Lacey Act are still among the issues impacting the estimated 4,000 residential furniture manufacturing firms in the United States.

BREAKDOWN
OF PRODUCTS
BY SHIPMENT
DOLLARS

5.6% Household
Other

59%
Upholstered

23.2%
Non-Upholstered
Wood

12.2%
Metal

Source: U.S. Census
Bureau 2012 Economic
Census: Industrr
Snapshot

QUICK STATS

$17.8 billion: 2012 sales of household furniture made in the USA.

U.S. employment is estimated at 99,700 jobs.

Estimated 4,000 household furniture firms in U.S. (2012)

U.S. RESIDENTIAL FURNITURE INDUSTRY (2o,2)

Type of Manufacturing   Total # of      Shipments        Payroll
                             Firms   ($ Millions)   ($ Millions)

Upholstered                  1,228         10,484          1,783
Non-Upholstered Wood         2,421          4,128            961
Metal                          294          2,169            351
Household Other                202            987            118

Type of Manufacturing   Employment   Employees/
                                           Firm

Upholstered                 55,586         45.3
Non-Upholstered Wood        31,514         13.0
Metal                        9,485         32.3
Household Other              3,118         15.4

Source: U.S. Census Bureau 2012 Economic Census: Industry Snapshot
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Title Annotation:Furniture
Author:Koenig, Karen
Publication:Woodworking Network
Date:Oct 1, 2014
Words:284
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