Furniture Buying Index rises to 58

The Furniture Buying Index inched up two points this month to a reading of 58 as of May 1.
“We will have to continue to watch the index in the coming months and hope that this trend continues,” Britt Beemer, chairman of America’s Research Group, said.
“Hopefully the index will continue to rise and will get above the 70-point level by the end of the year.”
The Furniture Buying Index is compiled each month by America’s Research Group from interviews with 5,000 to 8,000 consumers across the country.