TITLE

Strong Canadian furniture sales could be clipped if U.S. falters

AUTHOR(S)
Knell, Michael J.
PUB. DATE
December 2007
SOURCE
Furniture/Today;12/31/2007, Vol. 32 Issue 17, p65
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the impact of the economic crisis in the U.S. on Canada's furniture and bedding industry. It states that U.S. household spending will continue to slow drastically in 2008, darkening the prospects for Canadian furniture manufacturers dependent on sales to retailers south of the border. It adds that Canada's economic strength could be severely shaken should the array of ailments afflicting the U.S. economy result in a hard landing.
ACCESSION #
29346147

 

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