About the report
The 2016 sales estimates and 2021 projections were developed by Progressive Business Media’s Strategic Insights Team and Easy Analytic Software Inc. Sales figures are based on data available through October 2016 and are subject to revision. Estimates are based on information from the Department of Commerce, the International Trade Commission, sales estimates from manufacturers and retailers, Home Accents Today consumer surveys and information garnered from discussions with industry executives and analysts. Projections for 2021 are designed to forecast the changes that statistically adjust for household income, age by race and gender, group quarter population and births and deaths, along with other forecasting factors. Spending forecasts assume a national rate of inflation that does not vary from one location to another.
Product potential reports for area rugs, lamps and wall décor can be ordered online at http://www.furnishingsresearchstore.com/product-potential-reports/. Each report provides 2016 sales estimates and 2021 sales projections for the 50 states and District of Columbia, 917 metropolitan areas and 3,143 counties.