SIC 2500 | NAICS 337000
The following guide to industry information, research, and analysis provides sources for industry trends and statistics, market research and analysis, financial ratios and salary surveys, and more.
Select from the following sections or scroll below to view available resources:
For guides to other industries, see our index of over 400 industries.
Industry Analysis, Trends, Statistics, and Forecasts
Comprehensive market research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:
Smith Leonard PLLC
Monthly survey of residential products manufacturers and distributors provides dollar volume of new orders, shipments, and backlog for the current month, prior month, and current year-to-date and the same periods in the prior year, and percentage change in new orders, shipments, backlog, payrolls, employment, receivables, and inventories for the same time periods compared to the previous year.
First Research profiles cover key aspects of an industry's size, scope, and operations and include a five-year growth forecast. Profile contents include:
American Home Furnishings Alliance
Annual factsheet provides a summary overview of the residential furniture industry, with information provided including annual consumer spending for this sector in retail dollars, factory shipments and imports of wood and upholstered products, imports as a percent of wood and upholstered products sold in the U.S., and factory employment for the wood and upholstered household products sectors.
Information resources available from this trade association include:
Office, Education, and Healthcare Market Size
BIFMA Statistical Program
Quarterly Product Category Reports
Research reports available form this organization include:
Household Furniture: United States
Office Furniture: United States
More Resources ››Industry Financial Ratios
Financial Statements and Financial Ratios
https://www.bizminer.com Search for "337" to see reports for specific product categories
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.
Household / Office Furniture Manufacturing
(see links for individual reports)
Financial benchmarking section of these reports provides an analysis of industry profit and expenses as a percentage of annual revenue for manufacturers of nonupholstered household furnishings made from wood or metal and upholstered products such as sofas and recliners; institutional furnishings for hospitals, schools, and other facilities; and office desks, chairs, tables, filing cabinets, and bookcases.
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Compensation and Salary Surveys
U.S. Bureau of Labor Statistics
Furniture and Related Product Manufacturing (NAICS 3371/3372)
Annual employment and wage surveys provide hourly and annual wage data on a national, state, and metropolitan area level for personnel employed by manufacturers of office desks, chairs, tables, filing cabinets, bookcases, and modular systems; upholstered and nonupholstered household furnishings; and institutional furnishings for hospitals, churches, schools, hotels, restaurants, and other facilities.
Free online service provides salary, bonus, and hourly wage rate data for selected job positions such as industrial designer, production manager, CNC operator, assembler, upholsterer, and finisher, with employers for which this data is provided including Ashley Furniture Industries, Inc., Knoll, Inc., La-Z- Boy Incorporated, Herman Miller, Inc., Flexsteel Industries Inc., and Sauder Woodworking Company.
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Business Valuation Resources
Small Business Valuation Multiples
Comprehensive reference guide provides market-based valuation multiples for small businesses that manufacture wood, metal, and upholstered furnishings such as desks, chairs, tables, sofas, recliners, benches, cabinets, bookcases, and bedroom sets for the household, office, and institutional markets.