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Consumer Interest in Home Furnishings Edges Up in April, Survey Says.
From:
Knight Ridder/Tribune Business News
| Date:
May 8, 2001
| COPYRIGHT 2001 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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By Richard Craver, High Point Enterprise, N.C. Knight Ridder/Tribune Business News
May 8--After a four-month lull, consumer interest in buying home furnishings is beginning to rise again, according to a key industry survey.
The May report of the Furniture Buying Index rose a point to 70, which is considered a benchmark level for the industry's future retail atmosphere.
The recent interest rate cuts by the Federal Reserve Board may be encouraging ...