Market Commentary

Delays in Buying Furniture

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Why are there so many delays in Buying Furniture?

If you have tried to order anything from couches to tables, to lamps you know that it takes months to have the product arrive.

Covid is not the only reason for the delays, but it is a major contributor. Deliveries of basic materials have slowed way down for wood to foam. prime ingredients that furniture manufacturers require. Then once made delivery delays are common as transportation issues plague parts of the economy. Some of that is due to labor shortages in several areas in the U.S.

This not only affects profits for corporations it also tests the patience of the end-user. Canceling orders is not uncommon and that only frustrates the manufacturers, the retailer, and the customer.

Maybe by year-end these issues will smooth out.