{"id":1503,"date":"2007-11-19T16:45:17","date_gmt":"2007-11-19T16:45:17","guid":{"rendered":"https:\/\/www.paperstone.co.uk\/Wordpress\/?p=1503"},"modified":"2007-11-19T16:45:17","modified_gmt":"2007-11-19T16:45:17","slug":"office_furniture_sector_keeps_growing","status":"publish","type":"post","link":"https:\/\/www.paperstone.co.uk\/News\/articles\/office_furniture_sector_keeps_growing","title":{"rendered":"Office furniture sector ‘keeps growing’"},"content":{"rendered":"

The market for office furniture<\/a> in the US is continuing to expand, according to new data, although an expert has detected indications of weakness.<\/p>\n

A quarterly index by Michael Dunlap & Associates which polled executives at office furniture<\/a> firms found that business has been slipping, the Western Michigan Business Review reports.<\/p>\n

The index registered 55.62 out of 100 in October, which reflects a fall from the score of 58.49 which was seen in July.<\/p>\n

However, Michael Dunlap said that although the office furniture<\/a> industry "is showing signs of weakness", it is "still growing – just at a much slower pace".<\/p>\n

Meanwhile, the personal outlook index for office furniture<\/a> manufacturers registered a score of 59.10 last month. This is both a decrease from the 65.28 score of the previous quarter and the only time in the past two years that it has dropped below 60.<\/p>\n

A separate survey by the Business and Institution Furniture Manufacturer’s Association revealed that the office furniture<\/a> market is still expected to grow by five per cent this year and by 3.4 per cent in 2008.<\/p>\n

Commenting on the situation, Steve McMahon, director of furniture solutions for Staples Contract Division, said that there is a trend of customers focusing on "more mid-market products where it’s price-competitive and provides more value for the money".<\/p>\n

At Paperstone we can supply your firm with a wide selection of office furniture<\/a>.<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The market for office furniture in the US is continuing to expand, according to new data, although an expert has detected indications of weakness. A quarterly index by Michael Dunlap & Associates which polled executives at office furniture firms found that business has been slipping, the Western Michigan Business Review reports. 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