This statistic illustrates the retail sales of furniture, lighting, and interior decoration products in the United States from 2007 to 2012. In 2010, retail sales of upholstered furniture generated approximately billion U.S. dollars.
Interior Decoration in the United States
Once the dust settled from the shock and the fear of recession passed, sellers and retailers were able to be cautiously optimistic about almost every scenario. Ultimately, there are many reasons to be enthusiastic about interior decoration sales. This good news for the interior decoration industry is linked to real estate sales. The recovery of home sales, which has been widely discussed and eagerly awaited, began recently. By mid-last year, the number of real estate sales was almost the same as pre-recession sales, and the trend intensified throughout the year. According to the National Association of Realtors, last year, the number of real estate sales increased by more than million, a percent increase compared to 2011, and the trend is expected to continue.
Consequently, interior decoration sales have increased, and the industry has been stimulated by consumers' desire to furnish their new homes. Unsurprisingly, online shopping (with the help of flash sites) continued to increase its influence. The growth in interior decoration sales was driven by the furniture category (which includes lighting and mattresses). Consumer electronics played a key role here, as consumers purchased consoles to set up large-screen televisions. These same consumers also bought mobile chairs to enhance their TV-watching comfort. Furniture sales also benefited from work trends, as consumers were busy creating their home offices.
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