Furniture Buying Index slides to 55

The Furniture Buying Index has fallen two points to a reading of 55, the same as this time last year, according to America’s Research Group.
“More and more consumers are concerned about the national debt and are worried about government interference,” said Britt Beemer, chairman of America’s Research Group.
“Job security is a major worry for many Americans,” Beemer said. “... These fears have many consumers much less enthusiastic about buying furniture."
While consumers are hesitant to invest in furniture, it's important to remember that you can only put off a purchase for so long. Eventually, you have to buy a new chair, bed or furnish a home. The purse strings will loosen but probably not until next year.