September 2008
Wood & Wood Products;Sep2008, Vol. 113 Issue 10, p14
Trade Publication
The article reports on Business and Institutional Furniture Manufacturers Association's (BIFMA) increasing downturn in industry-wide shipments in North America. As stated, the latest quarterly outlook predicts a 3.9% downturn to $11.0 billion for 2008, an improvement from previous forecast of a 6.8% decline. The decline of 10.4% is predicted for 2009, dropping shipments further to $9.8 billion.


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