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.

BIFMA announce increase in industry volumes in July

Friday 9 September 2011

The Business and Institutional Furniture Manufacturers Association (BIFMA) has released its market statistics for July 2011. The month’s order and shipment statistics were derived from a sampling of 30 companies in the contract office furniture industry, the combined shipments of which make up about 75% of total industry volume.

BIFMA estimates July orders increased 7% year-on year; a slow down in growth relative to the 12% increase posted in June despite a significantly easier prior-year comparison (July 2010 orders increased 9% year-over-year compared with +16% in June 2010). Thus, on a two-year stacked basis, July order growth was roughly 1,200 basis points weaker than June. July orders declined 28% sequentially, weaker than normal seasonality would suggest; the 20-year median June to July decrease has been 14%. Trailing 12-month orders totalled $9.46 billion, a 19.6% year-over-year increase. July shipments increased 10% year-over-year, also decelerating compared with +19% last month; although the prior-year comparison was somewhat more difficult (July 2010 shipments increased 11% versus +8% in June 2010). On a two-year stacked basis, July shipment growth weakened by roughly 700 basis points. Trailing 12-month shipments were $9.2 billion, 18.3% higher year-over-year.

Subscribe to our News Page

Enter your email here and we will tell you when this page is updated.

 

 

moreLatest News

Monday 24 July 2017 Steelcase Werndl changes name and relocates European Headquarters to Munich

Steelcase Werndl AG, a subsidiary of the American office furniture manufacturer Steelcase, will rena

Monday 24 July 2017 Novacap Announces partnership with Canadian furniture manufacturer Bestar Inc.

Novacap, a Canadian leader in private equity, today announced a partnership with Bestar Inc. (“Bes

Monday 24 July 2017 HNI posts 2Q earnings

MUSCATINE — HNI Corp. announced sales of $514.5 million and net income of $13.8 million for the se

Wednesday 19 July 2017 2016 was a good year for Greec office furniture maker Dromeas

Greec office furniture maker Dromeas increased their turnover by 52.7% to € 13.8 mln. The loss bef

Contact Us

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


+44 (0) 20 7670 1510