united furniture

Home furnishings sales continue major slump in October; more orders are cancelled by retailers, customers

New home-furnishings orders fell for the 16th consecutive month during October, down almost 30% year over year to $1.92 billion, as retailers and consumers continued to cancel or delay orders.

Orders also were down 17.4% from $2.33 billion in September, according to the latest survey of U.S. manufacturers released Friday by industry research firm Smith Leonard PLLC of High Point.

About 88% of study participants reported a decrease in orders during October, compared with 91% of participants in September.

The firm said a deeper dive into the new order trends shows they have been affected primarily by order cancellations from

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United Furniture lays off 2,700 workers

United Furniture Industries — the Tupelo-based furnishings manufacturer that recently laid off its entire staff via email and text message – received more than $3 million dollars in taxpayer money through business incentive grants since 2009. 

The furniture company regularly got sums every few years — ranging from $200,000 to $1.3 million — in exchange for the promise to create jobs.

It was the largest employer in Monroe County. Now, its owner is missing and its former employees are filing lawsuits and hunting for new jobs.

“It’s a disgrace is what it is,” Jackson-based attorney Phil Hearn told Mississippi Today.

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