According to SmithLeonard., United States residential furniture factory orders fell in September 3% since last September, the first time within a year.
Accounting and consulting firms that factory shipments although tends to lag than orders for several months, but at the same time period but still increased by 6%.
According to Smith Leonard factory according to the survey, from September 2009 onwards, an increase in orders for the month or at least a year-on-year balanced; from February to June at or close to two digits, but at a reduced price for the month of September had already begun to slow down in July and August or, respectively, only 3% and 1%.
The company says that since the beginning of the year to September, the order is still in the pace of 2009 increased by 6%, an increase of the volume is 8%. This time last year, order quantity than in the same period in 2008 was 18%.
Smith's management partner Ken Leonard Smith in his monthly furniture revelation wrote, "the September results disappointing but not surprising". He pointed out that, under his high point market to hear that he did not expect October is a great improvement.
But he did not note that the number of public offering of the company in reports performance improvement or at least have a profit.
Smith said: "this really shows most companies at this level have an appropriate location, some also have good growth report, so everything is not as we feel in a hand. ”
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