Import growth slows to 2% in '07

Russell, Thomas
May 2008
Furniture/Today;5/5/2008, Vol. 32 Issue 34, p1
Trade Publication
The article reports on the decreased dollars from furniture imports in the U.S. It is stated that imports increased only by 2% in 2007 to $24 billion which was claimed as a slow down from gains of 6% in 2006. The slowdown in the economy caused some Chinese manufacturers to shift an emphasis to Europe, the Middle East and the domestic China market. Moreover, wood furniture imports declined by 1% to $4.8 billion and mattress shipments decreased by 7% to $521.2 million.


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