Furniture and Living in the U.S. - Statistics & Facts

Published by Statista Research Department, Mar 19, 2018
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 furnishings stores in the United States generated over 98 billion U.S. dollars in 2014.

The price expansion in the housing market has become a challenge for many home buyers, as income growth is not keeping up with the pace of home price appreciation. Millennials, in particular, are feeling the effects of a tighter housing market and are taking longer to establish themselves as homeowners and heads of households. Despite the fact that Millennials are delaying the decision to start a household, they show great potential in terms of spending on furniture as they see furniture as an investment in the long term.

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.

Interesting statistics

In the following 5 chapters, you will quickly find the 37 most important statistics relating to "Furniture and Living in the United States".

Furniture and living in the United States (Statista Survey)

Dossier on the topic

All important statistics are prepared by our experts – available for direct download as PPT & PDF!

Important key figures

The most important key figures provide you with a compact summary of the topic of "Furniture and Living in the United States" and take you straight to the corresponding statistics.

Consumer behavior

Purchasing behavior

Design satisfaction

Living conditions and expenditure

Interesting Statista reports

Statista Industry Report - NAICS Code 442
Statista Digital Market Outlook

More interesting topics from the industry "Furniture Retail"

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