New orders for residential furniture rose 22% in April compared to 2023 figures, continuing the streak of 10 out of 11 months with year-over-year growth, according to the latest issue of Furniture Insights. Shipments are also up slightly in the year-over-year comparison.

The Federal Reserve's Industrial Production and Capacity Utilization report provides an overview of industrial production and capacity utilization for major market and industry groups within the industrial sector.

The Ontario government is investing $445,252 in a new action center to help the workers impacted by the closure of Cascades' manufacturing plants in Trenton and Belleville.

The survey was conducted by the industry consulting firm Fathom Management Insights (FMI) from January 4th to May 20th. Aggregated data was derived by calculating the average amount spent on education by each respondent and multiplying it by the total number of ABC contractor members.

Steelcase Inc. reported earnings of $10.9 million in its fiscal first quarter on lowered revenue of $727.3 million. orders were up by 8% for the quarter.

Homeowners and renters are struggling with the high housing costs in 2024. The US home price index is now 47 percent higher than in early 2020, pushing the median sales price to about five times the median household income.

MONROE, Mich. — La-Z-Boy Incorporated eported fourth quarter and full year results for the period ended April 27, 2024. For the quarter, sales totaled $554 million, a decrease of 1% against a year ago period that benefited from pandemic backlog deliveries and 22% above the pre-pandemic fourth quarter of Fiscal 2019. 

Cabinet sales continued to fall, down 5.75% in April compared to a year ago, despite manufacturers in two of the three segments reporting increases, according to the Kitchen Cabinet Manufacturers Association's April Trend of Business report.

Ipe Wood USA, a business-to-consumer of Ipe wood based in the United States, has raised concerns over the changes impacting their operations.

Virco reports 33.7% increase in first quarter revenue; net income of $2.1 million; declares dividend.