Over 150 Years of Service to the Furniture Industry

 Furniture World Logo

Furniture Buying Index Rises Three Points

Furniture World News on

The Furniture Buying Index rose three points this month to a reading of 70.  This moves the Index back to July’s level of 70.
 
Britt Beemer, Chairman of America’s Research Group, said, “This is a good sign considering Labor Day was a strong retail sale week.”  “Hopefully this will bode well for the rest of September, but retailers must be offering great deals to get consumers to buy,” he stated.

“Consumers still are very cautious so hot buys are what will get them back in the store,” he concluded. 

The Furniture Buying Index is compiled each month by America=s Research Group from interviews with 5,000-8,000 consumers across the country.   In a typical month, 80 percent of the consumers interviewed can name a specific furniture item they intend to buy.  The Index=s mark signifies what percent of the benchmark 80% actually have a particular item in mind.

Britt Beemer is chairman of America=s Research Group, a full-service consumer behavior research company based in Charleston, SC.  ARG provides research and strategic planning services to leading manufacturers and retailers of consumer goods across North America. 

Furniture World Magazine-Business solutions for furniture retailers