Furniture/home furnishings industry

Article Abstract:

The furniture and home furnishings industry is comprised of companies that manufacture products for the home, office, and commercial sectors. These stocks have become less timely in 1999 and the year 2000, even though the US economy continues to grow and industry profit trends are favorable. Investors will find several good issues here, but must be selective in their choices.

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Furniuture/home furnishings industry

Article Abstract:

The furniture and home furnishings industry is expected to see a lackluster market in the middle of 2001, due to declining demand with the slowing US economy. Operating margins have also become compressed with high fixed expenses and costs. These stocks are untimely for investors in 2001.

Heating Equip ex Electric, Heating Equipment (except Warm Air Furnaces) Manufacturing, APPAREL AND OTHER TEXTILE PRODUCTS, Apparel & Related Products, Apparel Manufacturing, Heating equipment, except electric, Household and Institutional Furniture Manufacturing, Household Furniture, Household Furniture & Bedding, Office Furniture, Office Furniture (including Fixtures) Manufacturing, Musical instruments, Musical Instrument Manufacturing, Mattresses and bedsprings, Mattresses & Bedsprings, Mattress Manufacturing, Pianos, Heating equipment, Clothing industry, Heating, ventilation, and air conditioning industry, HVAC industry, Steelcase Inc., SCS, Mattress industry, Musical instruments industry, Mohawk Industries Inc. (Buffalo, New York)

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Furniture/home furnishings industry

Article Abstract:

Strong earnings and share price performance have made many stocks in the furniture and home furnishings industry more timely in early 1999. Low interest rates coupled with a good housing market and good consumer confidence have created demand for home furniture, but office furniture, which responds to different factors, will expand more slowly in 1999. These stocks have not been favored by investors in 1999, but several are timely for 1999 and for the next three to five years.

FURNITURE AND FIXTURES, LADD Furniture Inc., LADF, SY, Shelby Williams Industries Inc.

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