11/01/2019
TD Bank survey finds retailers optimistic about industry

TD Bank’s fourth-annual furniture retailer survey shows optimism in the furniture industry, with a majority of retailers (45%) expecting furniture sales to increase through 2019.

The study, conducted during High Point Market, shows that optimism has increased since 2017, when just 35% of retailers expected furniture sales to increase.

10/31/2019
TD Bank Survey Shows Optimism In The Furniture Industry

According to the fourth annual survey from TD Bank, furniture retailers remain optimistic and expect furniture sales to increase. The survey was conducted at the High Point Fall Market and found that a majority (45%) expect furniture sales to increase through 2019 – an increase from 2018’s fall market (35%) – reflecting growing confidence from retailers, despite whispers of the looming economic downturn.

10/30/2019
The Federal Reserve Cut Rates Again; Here’s What That Means For Your Mortgage, Home Construction And More

The Federal Open Market Committee decided to cut the federal funds rate yet again today, lowering its target range to 1.5% to 1.75%. This marks the third time the Fed has cut rates in as many months.

According to the FOMC itself, “Although household spending has been rising at a strong pace, business fixed investments and exports remain weak.” The Committee also noted “implications of global developments” and “muted inflation pressures” as reasons behind the change.

The reduction was largely anticipated by experts and is the third consecutive cut from the Committee. The trend began at the FOMC’s July meeting, when the majority of members voted for the first rate cut in nearly a decade.