The U.S. economy has maintained a healthy growth rate and a continually improving labor market on the road to recovery from the financial crisis. This has led to a strong housing market, characterized by improving statistics for home sales and increasing home price levels. The housing market has, in turn, supported healthy sales of furniture and home furnishings. Furniture and home furnishing stores saw a decrease in sales after the recession, but have since regained ground and reported more sales than before the financial crash.
The landscape is becoming more dynamic and new startups are emerging with innovative products and solutions. Consumer behavior is changing, driven by the emergence of the Millennial generation as the largest consumer group in the market. The adoption of new technologies means that shoppers across the board are more empowered and more willing to make purchases on digital devices.
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In the following 5 chapters, you will quickly find the 37 most important statistics relating to "Furniture and Living in the United States".