Furniture/home furnishings industry
Article Abstract:
The Federal Reserve's decision to raise short-term interest rates by 1/4% is expected to have a major effect on the home construction industry which will be reflected in the home furnishings and furniture industries' economic performance. Most industry observers expect that with fewer housing starts there will be fewer furniture purchases, but some predict the possibility of future interest rate boosts may inspire immediate purchases. The office furniture industry should perform well for investors and be unaffected by interest rates.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Furniture/home furnishings industry
Article Abstract:
Economic recovery was absent from the furniture/home furnishings industry during the 2nd qtr of 1996, although interest rates were stable and housing starts increased. Sales and earnings for the 2nd qtr of 1996 have also been weak, even though results have been aided by cost-cutting efforts and by manufacturers' inventory reduction. There are few timely stocks in this industry, although several have potential from 1996 through 1999-2001.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Furniture/home furnishings industry. Kinetic Concepts
- Abstracts: Furniture/home furnishings industry. Furniture/home furnishing industry
- Abstracts: Metal fabricating industry. part 10
- Abstracts: Tire & rubber industry. part 6
- Abstracts: Apple Computer earnings fell 47.6% in latest period. Compaq to acquire Tandem, big-systems maker. Tandem posts drop of 72% in net income; executive shakeup at computer maker