{"id":4566,"date":"2014-08-09T07:34:19","date_gmt":"2014-08-09T02:04:19","guid":{"rendered":"http:\/\/indonesia-furniture.com\/news\/2014\/08\/09\/furniture-orders-head-down-again\/"},"modified":"2014-08-09T07:34:19","modified_gmt":"2014-08-09T02:04:19","slug":"furniture-orders-head-down-again","status":"publish","type":"post","link":"https:\/\/indonesia-furniture.com\/articles\/furniture-orders-head-down-again\/","title":{"rendered":"Furniture orders head down again"},"content":{"rendered":"<p>After breaking a 13-month streak in April, furniture orders resumed their downward ways in May, declining 13 percent from May 2013.<\/p>\n<p>Smith Leonard Accountants &#038; Consultants in High Point, which publishes a monthly furniture industry report, had attributed April&#8217;s 12 percent increase to orders from the High Point Market, held in April 2013 but in March 2014. Combining April and May 2014, orders fell 2 percent from the same two-month period last year.<br \/>\n                        <!--adsense--><br \/>\n\t\t <!--more--><br \/>\nFurniture shipments were 2 percent higher in May than April but 7 percent lower than in May 2013, Smith Leonard reported. Backlogs declined 6 percent from April and 5 percent from May 2013. Inventories shrank 1 percent from April and 11 percent from May 2013. Receivables dropped 1 percent from April and 5 percent from May 2013.<\/p>\n<p>Factory employment was even with April and down 14 percent from May 2013, when payrolls were down 6 percent. Retail home furnishings sales fell 3 percent from May 2013 and 2 percent from June 2013. But year-to-date, sales have increased 3 percent over the first half of 2013.<\/p>\n<p>&#8220;Consumer debt growth is a continuing concern, but the recent report on consumer confidence is encouraging,&#8221; Smith Leonard said. &#8220;&#8230; With interest and inflation (except for energy-related items) in reasonably good shape, we just need some pickup in housing and sustained confidence.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After breaking a 13-month streak in April, furniture orders resumed their downward ways in May, declining 13 percent from May 2013. Smith Leonard Accountants &#038; Consultants in High Point, which publishes a monthly furniture industry report, had attributed April&#8217;s 12 percent increase to orders from the High Point Market, held in April 2013 but in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-4566","post","type-post","status-publish","format-standard","hentry","category-furniture-indonesia-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/4566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/comments?post=4566"}],"version-history":[{"count":0,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/4566\/revisions"}],"wp:attachment":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/media?parent=4566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/categories?post=4566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/tags?post=4566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}