PIERS report: Imports drop over past 2 years

Russell, Thomas
January 2008
Furniture/Today;1/14/2008, Vol. 32 Issue 19, p8
Trade Publication
The article focuses on the report conducted by the PIERS Global Intelligence Solutions which reveals that there is a decrease in the furniture imports in the U.S. Such report stresses that the decrease comes from the sagging U.S. dollar. It also emphasizes that furniture imports reach an annual rate of 2.1 million twenty-foot equivalent unit (TEU) between 2005 and 2006. The report also reveals that PIERS sees furniture exports to grow at 3% from the weakened dollar.


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