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Texas continues to lead South in furniture sales – MIGE office furniture

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Texas continues to lead South in furniture sales – MIGE office furniture

|August 12, 2018 | News

Furniture and bedding sales in the Lone Star State reached $8.8 billion in 2017 and are expected to grow China office furniture factory 21.8% over the next five years to $10.7 billion by 2022.

The greater Dallas metro area, which includes the Fort Worth and Arlington metropolitan areas, accounts for the most furniture sold in the state of Texas and in the entire Southern region. Dallas retail sales are expected to increase by 21.3% from $2.3 billion to an estimated $2.8 billion in 2022.

Texas is home to two of the five regions in the South with the most sales: after Dallas, the Houston metro area is forecasted to have sales of $2.1 billion in 2017.

The South is currently home to six separate billion-dollar-or-more furniture metro areas: Dallas, Washington D.C., Houston, Miami, Atlanta and Tampa, Fla. These six metro area’s sales of $11.7 billion account for more than 28% of the South’s total furniture sales.

The Pecos, Texas, metro area is projected to increase sales at the greatest rate at 25.9% in the next five years, an increase from $3.8 million to $4.7 million. The second fastest-growing metro area of Clewiston, Fla., is set to grow its sales by 25% to $14 million in 2022.

Overall, the South accounts for 38% of country’s total furniture and bedding retail sales. This year, the Southern region of the country is forecasted to have $40.9 billion in sales and grow guangzhou office chair manufacturer 21.2% between 2017 and 2022 to $49.6 billion.

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