Office Furniture Market in the United States
In value terms, office furniture production rose slightly to $ in . The total output value increased at an average annual rate of +% from 2013 to ; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when the production volume increased by %. Over the period under review, production hit record highs at $ in 2018; however, from 2019 to , production failed to regain momentum.
The value of the office furniture market in the United States dropped to $ in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a relatively flat trend pattern. Office furniture consumption peaked at $ in 2019; however, from to , consumption remained at a lower figure.