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    7.8 billion difference between the prices received at the retail level and the prices received at the manufacturers’ level represents a combinat
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    The value of the furniture market in the United States amounted to an estimated $78.5 billion (2005) measured at retail prices. Of this, 38.0% is wooden case-goods (mainly bedroom furniture), 33.9% is upholstered furniture (mainly chesterfields and matching chairs), 17.1% is mattresses and foundations, and the remaining 11.0% is metal furniture (mainly outdoor furniture).

    Measured at manufacturers’ prices domestic household furniture sales reached an estimated $30.7 billion in 2005 or about 47.5% of the total dollars spent by U.S. households on furniture. The $47.8 billion difference between the prices received at the retail level and the prices received at the manufacturers’ level represents a combinati

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    is wooden case-goods (mainly bedroom furniture), 33.9% is upholstered furniture (mainly chesterfields and matching chairs), 17.1% is mattresses and foundations, and the remaining 11.0% is metal furniture (mainly outdoor furniture).

    Measured at manufacturers’ prices domestic household furniture sales reached an estimated $30.7 billion in 2005 or about 47.5% of the total dollars spent by U.S. households on furniture. The $47.8 billion difference between the prices received at the retail level and the prices received at the manufacturers’ level represents a combinat

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    and foundations, and the remaining 11.0% is metal furniture (mainly outdoor furniture).

    Measured at manufacturers’ prices domestic household furniture sales reached an estimated $30.7 billion in 2005 or about 47.5% of the total dollars spent by U.S. households on furniture. The $47.8 billion difference between the prices received at the retail level and the prices received at the manufacturers’ level represents a combinat

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    ld furniture sales reached an estimated $30.7 billion in 2005 or about 47.5% of the total dollars spent by U.S. households on furniture. The $47.8 billion difference between the prices received at the retail level and the prices received at the manufacturers’ level represents a combinat
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    7.8 billion difference between the prices received at the retail level and the prices received at the manufacturers’ level represents a combination of transportation costs, wages and other costs at the retail level, the retailer’s profit margin, plus all sales taxes.

    Over the last two decades household furniture purchases increased significantly from $29.3 billion in 1985 to $78.5 billion in 2005, or 168%. In other words, sales increased at an average annual pace of approximately 5.5% over this period. However, growth has been much slower recently, and in 2005 growth of household furniture sales was only 3.9% (nominal terms).

    Some of the growth during the past 20 years was due to rising prices. If ex

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