Quantcast

Baton Rouge Reporter

Thursday, December 26, 2024

Furniture and home furnishings wholesalers report 28.5 percent increase in year-over-year April sales

Adobestock 224328871

Adobe Stock

Adobe Stock

Sales by furniture and home furnishings wholesalers in April 2020 were $5.5 billion, an increase of 28.5 percent from the same period a year earlier, according to the U.S. Census Bureau.

Furniture and home furnishings wholesalers reported total sales of $7.7 billion in April 2019. The data is after adjustment for seasonal variations and trading day differences, but not for price changes.

The Census Bureau conducts a monthly wholesale trade survey in order to provide an up-to-date indication of sales and inventory trends for U.S. merchant wholesalers, excluding manufacturers' sales branches and offices.

The survey is considered to be a reliable measure of current economic activity.

Information requested in the survey includes monthly sales reports, end-of-month inventories, ' number of establishments covered by the report, and the ending date of the reporting period.

MORE NEWS