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FURNITURE & HOME DECOR BRIEFS.

HFN: The Weekly Newspaper for the Home Furnishing Network, February, 2001

Content provided in partnership with HighBeam Research

November Shipments Increase 6 Percent

Manufacturers' shipments of residential furniture in November 2000 rose 6 percent over November 1999, an increase attributable in part to a decline in backlogs, according to the monthly survey by BDO Seidman. Year-to-date 2000 shipments were up 7 percent over 1999.

November backlogs were down 13 percent from November 1999 and down 3 percent from October. New orders declined for the third straight month, falling 4 percent to $2.204 billion. November inventory levels were down 1 percent from October 2000 levels, but remained an "alarming" 19 percent above last year's levels.

Hooker Launches Site, Names Sales Manager

Hooker Furniture launched its new consumer Web site (

 

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