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Growth rate slows for national furniture sales.
Byline: Richard Craver
Oct. 27--Consumer demand for home furnishings rose for the 15th consecutive month in August, but at a much slower pace than in recent months, according to a monthly survey of manufacturers released yesterday.
The value of new furniture orders increased by 4 percent to $2.1 billion in August when compared with August 2003, reported BDO Seidman LLP, a financial-services company in High Point.
After benefiting from double-digit increases in new orders during the first half of 2004, the pace of growth for manufacturers has declined for three consecutive months.
Ken Smith, the director of furniture services for BDO …
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