Welcome to JSA Consultancy Services

A business consultancy, based in London, England, which provides its clients with expert advice and guidance for exporting and importing office furniture from overseas to tap the growth opportunities available in furniture and interiors markets in Europe, north America, Australasia and Japan.

' ?> Welcome to JSA Consultancy Services

A business consultancy, based in London, England, which provides its clients with the latest updates on office furniture exhibitions and office furniture trade shows to help them exploit successfully furniture and interiors markets in Europe, North America, Australasia and Japan

' ?> Welcome to JSA Consultancy Services

A business consultancy, based in London, England, provides its clients with a complete list of office furniture trade associations of different countries and information guidance as to how to exploit successfully furniture and interiors markets in Europe, North America, Australasia and Japan.

' ?> Welcome to JSA Consultancy Services

A business consultancy, based in London, England, John Sacks\' JSA Consultancy Services provides expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, North America, Australasia and Japan.

' ?> Welcome to JSA Consultancy Services

A business consultancy, based in London, England, JSA offers monthly office furniture league table to provide its clients with in-depth information & major office furniture strategic alliance news to exploit successfully office furniture and interiors markets in Europe, North America, Australasia and Japan.

' ?> Welcome to JSA Consultancy Servicesdd

A business consultancy, based in London, England, JSA provides its clients with latest office furniture news from different corners of the world to help them exploit successfully office furniture and interiors markets in Europe, North America, Australasia and Japan.

' ?> Welcome to JSA Consultancy Servicesdd

A business consultancy, based in London, England, which provides clients with expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, north America, Australasia and Japan.

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US Office Furniture industry improved prospects

Tuesday 31 May 2011

An updated outlook for BIFMA (the Business and Institutional Manufacturer’s Association) forecasts continued solid sales growth in 2011. The updated outlook now forecasts a 17.5 percent increase in North American shipments for 2011 to $9.8 billion and a subsequent 9.7 percent growth in shipments in 2012 to $10.7 billion.

The previous quarterly outlook for BIFMA, issued in February, expected a 14.0 percent shipment growth in 2011 and 8.4 percent in 2012. The slight upgrade in the outlook from three months earlier follows the continued improvement of the U.S. economy.

“Overall, things are going pretty well,” BIFMA Executive Director Tom Reardon said. “I think we’re going to see a lot of optimism going into NeoCon.”

Through the first quarter, industry-wide shipments totaled $2.13 billion, a 25.6 percent increase from the same period a year ago, when the industry began growing again following a deep downturn during the recession of 2009.

Upcoming sales and earnings report will provide further insight on the industry’s fortunes, as both Steelcase Inc. and Herman Miller Inc. report results for their most recent quarters during June.

Brokerage analysts expect Grand Rapids-based Steelcase [NYSE: SCS] to report an 8.8 percent increase in quarterly sales to $541.8 million and net income of 5 cents per share.

Herman Miller [Nasdaq: MLHR] should report quarterly sales of $417.9 million, a 30 percent increase from a year earlier, and net income of 26 cents per share, according to consensus estimates report by yahoofinance.com.

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JSA Consultancy Services
4-5 Gray’s Inn Square, Gray’s Inn,
London, WC1R 5AH, England


+44 (0) 20 7688 1928