TITLE

NEW BIFMA OUTLOOK PREDICTS SMALLER '08 DECLINE, LARGE '09 DECLINE

PUB. DATE
September 2008
SOURCE
Wood & Wood Products;Sep2008, Vol. 113 Issue 10, p14
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
34705211

 

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