Originally published in the April 2010 issue of Home Accents Today
Consumer spending in the U.S. on area rugs is expected to increase by 12.3% over the next five years according to the most recent projections by New York-based Easy Analytic Software Inc. (EASI). The report includes state-by-state estimates of 2009 area rug sales, along with projections of 2014 sales.
It also includes sales and projections for the fastest-growing metros and metros with the largest sales volume. Home Accents Today market research worked with EASI to develop 2009 sales estimates and 2014 projections for area rugs. Last year's sales estimates are based on data available through August 2009 and are subject to revision as additional data become available. Estimates are based on information from the Department of Commerce, the International Trade Commission, sales estimates from manufacturers and retailers, Furniture/Today and HGTV's 2009 Consumer Views Survey, as well as discussions with industry executives and analysts.
This material may not be published, broadcast, rewritten or redistributed in whole or part without the express written permission of Progressive Business Media.