As of October 1, the Furniture Buying Index remains flat. Unemployment and job concerns are keeping the Furniture trends Index at the current level.
“With more consumers out of work and even more fearing for their job security, Americans are delaying big ticket purchases such as furniture,” according to Britt Beemer, chairman of America’s Research Group.
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.
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