Furniture Sales of Midwest America Compared to National Average – MIGE office furniture

Furniture Sales of Midwest America Compared to National Average – MIGE office furniture

|August 12, 2018 | News

Like last year, the Dakotas are fueling the Midwest region’s furniture guangzhou office furniture growth. North Dakota is expected to grow furniture and bedding sales 2 2.7%, from an estimated $269.7 million in 2016 to $330.9 million in 2021. South Dakota is projected to increase sales 22.3% over the next five years from $287.4 million to $351.3 million.

Four additional Midwest states will grow furniture and bedding sales at faster rates than the country: Minnesota is expected to hit $2.3 billion over the next five years, a 21.7% growth rate; Wisconsin is expected to grow 21.3% from $2 billion in office sofa 2016 to 2.4 billion in 2021; and Illinois and Nebraska are both slated to grow furniture sales by 21.2% in five years. Illinois is expected to grow from $4.2 billion to $5.1 billion and Nebraska from $634.3 million to $768.8 million.

The two largest Midwestern states in terms of furniture sales are Illinois and Ohio. Retail sales in Illinois are forecasted to hit $5.1 billion by 2021, and Ohio will reach furniture and bedding sales of $4.7 billion. The metro of Dickinson, N.D., is predicted to be the fastest growing in the Midwest. Dickinson will increase furniture and mattress sales by an estimated 25.7% to $15 million in 2021. office chair Athens, Ohio and Garden City Kan. are tied for the second fastest-growing metro area in the Midwest; both are expected to grow 23.5% from 2016 to 2021.

 

The largest major metro in the region, Chicago, will see furniture sales increase 2 1.5% between 2016 and 2021 to $3.8 billion. Chicago is home to 9.6 million people and 3.5 million households with an average in come of $100406.

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