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From: "Furniture Today" <FurnitureToday@email.furnituretoday.com>
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Subject: Economic Roundup: Housing numbers that are less than robust
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 Content preview:  There are a number of signs that should bode well for the
   furniture industry in the coming year. Email not displaying properly? View
    in your browser. (http://info.progressivebusinessmedia.com/e1t/sc2/Mm-nFbkBj7xW8L1Hyg73Zs-CW8FRX196zT0xRW8Vtc-F76cNk9f1CYJMH03
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There are a number of signs that should bode well for the furniture industr=
y in the coming year.

Email not displaying properly? View in your browser. (http://info.progressi=
vebusinessmedia.com/e1t/sc2/Mm-nFbkBj7xW8L1Hyg73Zs-CW8FRX196zT0xRW8Vtc-F76c=
Nk9f1CYJMH03 )

Partly sunny with a chance of uncertainty (http://info.progressivebusinessm=
edia.com/e1t/sc2/Mm-nFbkBj7xW8L1Hyg73Zs-CW8FRX196zT0xRW8Vtc-F76cNk9f1CYJMH1=
3 )

There are a number of signs that should bode well for the furniture industr=
y in the coming year. Among them, near-record consumer confidence, an unemp=
loyment rate approaching economists' definition of full employment and soli=
d growth in GDP and jobs.

Clouding the outlook, however, are housing numbers that are less than robus=
t, including declines in construction and existing home sales, rising housi=
ng prices and decreasing supply. This is particularly true in the price seg=
ments sought by Millennials, the largest potential base of new homebuyers.

Millennials accounted for 36% of homebuyers last year, the largest percenta=
ge of any demographic group. However, paying the lowest average price and w=
ith a median income below the overall median, they are being squeezed out o=
f the market by rising prices and a shrinking supply of suitably priced hou=
sing options.

In the short term, the question for furniture retailers and manufacturers m=
ay be how to get apartment-dwelling Millennials to replace their new home a=
spirations with new furniture aspirations.

THE U.S. ECONOMY: Optimism abounds (http://info.progressivebusinessmedia.co=
m/e1t/sc2/Mm-nFbkBj7xW8L1Hyg73Zs-CW8FRX196zT0xRW8Vtc-F76cNk9f1CYJMH23 )

America's economic rejuvenation is going strong. The U.S. economy added the=
 largest number of jobs in more than 18 months in February with 313,000. GD=
P growth has grown to just shy of 3%, an astonishing feat when looking at r=
ecent history. "The economy has a lot of momentum; things feel and look goo=
d," said Mickey Levy, U.S. economist at Berenberg Capital Markets.

Back to Top (#top)

TODAY'S CONSUMER: Consumer confidence highest since 2000 (http://info.progr=
essivebusinessmedia.com/e1t/sc2/Mm-nFbkBj7xW8L1Hyg73Zs-CW8FRX196zT0xRW8Vtc-=
F76cNk9f1CYJMH33 )

The Conference Board reported Consumer Confidence at 130.8 for February, up=
 slightly from January's rate of 124.3.

"Consumer confidence improved to its highest level since 2000 (Nov. 2000, 1=
32.6) after a modest increase in January," said Lynn Franco, director of ec=
onomic indicators at The Conference Board.

Back to Top (#top)

THE HOUSING MARKET: The beginning of a crisis? (http://info.progressivebusi=
nessmedia.com/e1t/sc2/Mm-nFbkBj7xW8L1Hyg73Zs-CW8FRX196zT0xRW8Vtc-F76cNk9f1C=
YJMH43 )

Sales of new single-family homes decreased in February by 0.6% from January=
 2018 to a seasonally adjusted annual rate of 618,000, according to the U.S=
. Census Bureau. Year-over-year sales for February increased by 0.5% above =
the February 2017 estimate of 615,000. The median sales price of a new home=
 for February was $326,800.

Back to Top (#top)

HOUSING SUPPLY CRUNCH: Prices are up; inventory is down

(http://info.progressivebusinessmedia.com/e1t/sc2/Mm-nFbkBj7xW8L1Hyg73Zs-CW=
8FRX196zT0xRW8Vtc-F76cNk9f1CYJMH53 )

Existing home sales were down to 5.38 million in January, according to the =
National Assn. of Realtors (NAR), a 3.2% slide from December. January is th=
e second straight month of decline and 4.8% lower than one year ago.

Back to Top (#top)

FURNITURE PRODUCT: U.S. imports increased 2.5% in 2017 (http://info.progres=
sivebusinessmedia.com/e1t/sc2/Mm-nFbkBj7xW8L1Hyg73Zs-CW8FRX196zT0xRW8Vtc-F7=
6cNk9f1CYJMH63 )

U.S. furniture imports increased 2.5% in 2017 to a total of $24.7 billion, =
according to the most recent numbers from the U.S. International Trade Comm=
ission. This year's slow growth follows last year's growth of less than 1% =
following four years of surging import expansion: 11.9% gain between 2015 a=
nd 2014, 8.3% increase between 2013 and 2014, 7.8% bump between 2012 and 20=
13, and 9.0% growth from 2011 to 2012.

Back to Top (#top)

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476-ZdW1Fg3P26-ycZ-N10hrhhdpRQ1N6cJ-yjMwRS-W3ckbB33sZ8jgW8DD5KB5533SyW2hJ30=
Q6_PJVdW9gCqzG9lPtN5W4DjshH6PrwyQW7GZd_Q9fcQqyf8mvf_B02" data-hs-link-id=3D=
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8x90_04132018.jpg" style=3D"max-width: 728px; max-height: 90px; border: non=
e;">
</a>
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r-collapse: collapse; background-color: #ffffff;" width=3D"635" cellspacing=
=3D"0" cellpadding=3D"0" border=3D"0" align=3D"center">
                                    <tbody>
                                        <tr>
                                            <td><a style=3D"color: #cf1b22;=
 text-decoration: none !important;" href=3D"http://info.progressivebusiness=
media.com/e1t/c/*W6X5M9v9cfDtTVJdBgf3rZvST0/*N7wbjbTPpPdwW8btvz78Cb8ql0/5/f=
18dQhb0SbTL8XYYH9W5n6JQd1m66NJMpSYxQ60hHYW5-575P5mbx_fW4CBZpl5rBVnkW8V6Rj26=
XXF8xW8YJ4qq8hvHj4W61cn7P2bF9XSW2_GDTS6YHzwYW9gBtNb34JZkGVKfMh185rJlJW7P376=
-9dXBgxW5ZBLGK5rFgmNW3px4Yr3DS_H9W4NFKlr7JtTqnW8hTJV48lwVXYW8hS2967bj1-tW5g=
j_w47J39qHV1CQ3n7NM5zGW5Bmc-61VJrykW5lX8fq13bD4hW6dklZm1jg5LBW1Fsgzq6xBlnFW=
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t=3D"_blank"><img class=3D"deviceWidth" style=3D"border-width: 0px; border-=
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                                <table class=3D"deviceWidth" style=3D"borde=
r-collapse: collapse; background-color: #ffffff;" width=3D"635" cellspacing=
=3D"0" cellpadding=3D"0" border=3D"0" align=3D"center">
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<tr>
<td style=3D"height:5px;">&nbsp;
</td>
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<!--SPACING-->=20
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<tr>
	<td style=3D"padding-right:0px; display: table-cell; vertical-align: middl=
e;" valign=3D"middle" align=3D"center">
		<table class=3D"deviceWidth" style=3D"border-collapse: collapse;" width=
=3D"400" cellspacing=3D"0" cellpadding=3D"0" border=3D"0" align=3D"left">
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        	<tr>
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</tr><tr>
<td style=3D"height:5px;">&nbsp;
</td>
</tr>
<!--SPACING-->
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            	<tr><td style=3D"font-size: 13px; font-family:helvetica, arial=
, sans-serif; color:#666666; line-height:22px;" align=3D"left"><span style=
=3D"font-size: 18px; color: #000000; line-height: 20px;">
				<a style=3D"color: #000000;" href=3D"http://info.progressivebusinessmed=
ia.com/e1t/c/*W6X5M9v9cfDtTVJdBgf3rZvST0/*W3SFykF7HGXX4W1qK8fC2DkVyD0/5/f18=
dQhb0SbTL8XYYH9W5n6JQd1m66NJMpSYxQ60hHYW5-575P5mbx_fW4CBZpl5rBVnkW8V6Rj26XX=
F8xW8YJ4qq8hvHj4W61cn7P2bF9XSW2_GDTS6YHzwYW9gBtNb34JZkGVKfMh185rJlJW7P376-9=
dXBgxW5ZBLGK5rFgmNW3px4Yr3DS_H9W4NFKlr7JtTqnW8hTJV48lwVXYW8hS2967bj1-tW5gj_=
w47J39qHV1CQ3n7NM5zGW5Bmc-61VJrykW5lX8fq13bD4hW6dklZm1jg5LBW1Fsgzq6xBlnFW2M=
n4fT1yBSm-W6Y2MxY3n6nPrW1VKQpX1Hqk5mW3r0dcQ7pgLdNW7Jr3gn5_b1ChW5Mhmgp2Py3Fk=
VytDsn58ktp2W7qTqwZ7HstNQVr_CjT4ddFKGVs3hq648-jp7W5HFzk81CPJgcW53NYtc4PLwTV=
W7pKXv81R0jbJW5_WkX522-X6fN1PQnSB215_BW1J7MV_5fMBWVW7QcYJY34hdTcW1V2RWg4zqk=
T3W3NNF7Q4ZhdpGW6lCHmT73D2q4W70RWKj5dJxLP111" data-hs-link-id=3D"1" target=
=3D"_blank">
					<strong>Partly sunny with a chance of uncertainty</strong></a></span><=
br><br>
There are a number of signs that should bode well for the furniture industr=
y in the coming year. Among them, near-record consumer confidence, an unemp=
loyment rate approaching economists' definition of full employment and soli=
d growth in GDP and jobs.
<br><br>
Clouding the outlook, however, are housing numbers that are less than robus=
t, including declines in construction and existing home sales, rising housi=
ng prices and decreasing supply. This is particularly true in the price seg=
ments sought by Millennials, the largest potential base of new homebuyers.<=
br>
<br>
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                                                        </td>
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<table class=3D"deviceWidth" style=3D"border-collapse: collapse;" width=3D"=
300" cellspacing=3D"0" cellpadding=3D"0" border=3D"0" align=3D"right">
	<tbody>
		<tr>
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</tr><tr>
<td style=3D"height:5px;">&nbsp;
</td>
</tr>
<!--SPACING-->
			<tr><td valign=3D"middle" style=3D"font-size: 13px; line-height:20px;" a=
lign=3D"left">
<!--SIMPLY COOL 300x250-->=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=
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<a href=3D"http://info.progressivebusinessmedia.com/e1t/c/*W6X5M9v9cfDtTVJd=
Bgf3rZvST0/*W6BbVJ62wMGLLN7rFybj5hb_m0/5/f18dQhb0S65P6XLRKpV1xpfl50kFfYN5gT=
WqWj2pXBN5Dz7FZt_BpyW5x3bd06p925CW1Wc5zz87C-DsW8FrzlP1JYl22N7JSDMW8pDDjW8jz=
q9B5WRbblW1f7WLX865bKZW95b8_94q6tH3W8tmJKh7z5MbGW3b6VGS2gm6wHW4L_Kc83SWsXYV=
Q-q6J3HT8gNW6wxZk332RXhPW5TmmsP5YntXSW81vC6l7zdcmnVhR6L01c02ykVgcFtw7171sBW=
6NrKpC5msYJTW5WFs8C8DgdT1W5CtDn52N_c9NVxGvHC6N1stwW1XvlTx3Mk1gMW1vQdY554xfw=
PVlXV8s1FZdbFLQ24N9-S-pN4KwNbJbxFqXW2Z_FJq3MgdcbW1LrPnm2z2-dMW2r2dXh8wf8ftW=
8tDNFs2FrS-VVH2Z1r2gMW8GW61xZsF4XglF7W4mDVMB90KdsZW3Fh7dc5Mx3C1W6YC6CV8rNPD=
rW5-9wcv33K7b_W4w4N_R8ZwS9cW3rhxJP8gFJ1hW64_Jfl1rZC1LW4xPGS94Fgn6cW5YXjxW8Q=
gfsrW7g0PcT4gdD6wW7Q4-dm8LpG0-W36kS_b8V2-PJW8kH73L5sdt4GW9jCnNz8fNYKlW8Xf7Y=
72WCWVjW8XjSL58J7Ph1W7C1rh11S3R0MW1v0FFQ8t8RbD111" data-hs-link-id=3D"0" ta=
rget=3D"_blank">
<img src=3D"http://ads.progressivebusinessmedia.com/photos/5/5255-ft_scl_30=
0x250_04132018.jpg" style=3D"max-width: 300px; max-height: 250px; border: n=
one;">
</a>
                                                        </td>
                                                    </tr>
                                                </tbody>
                                            </table>
                                            </td>
                                        </tr>
<tr>
<td style=3D"font-size: 13px; font-family:helvetica, arial, sans-serif; col=
or:#666666; line-height:22px;" align=3D"left">Millennials accounted for 36%=
 of homebuyers last year, the largest percentage of any demographic group. =
However, paying the lowest average price and with a median income below the=
 overall median, they are being squeezed out of the market by rising prices=
 and a shrinking supply of suitably priced housing options.=20
<br><br>
In the short term, the question for furniture retailers and manufacturers m=
ay be how to get apartment-dwelling Millennials to replace their new home a=
spirations with new furniture aspirations.
<br><br>
</td>
</tr>
<!--END ROW ONE-->
<!--DASHED BORDER-->
<tr>
<td style=3D"height: 10px; border-top-width:1px; border-top-style:dashed; b=
order-top-color:#555555;">&nbsp;<br>
<br>
</td>
</tr>
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=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20
<!--BEGIN ROW TWO-->=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=
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<tr>
	<td style=3D"padding-right:0px; display: table-cell; vertical-align: middl=
e;" valign=3D"middle" align=3D"center">
		<table class=3D"deviceWidth" style=3D"border-collapse: collapse;" width=
=3D"635" cellspacing=3D"0" cellpadding=3D"0" border=3D"0" align=3D"left">
		<tbody>
        	<tr>
<!--THE ECONOMY-->=20=20=20=20=20=20=20=20=20=20=20=20
            	<td style=3D"font-size: 13px; line-height:22px; padding-bottom=
:10px;" align=3D"left">
                	<p class=3D"articleTitle" style=3D"margin-bottom: 1em; mar=
gin-top: 0px;"><a style=3D"color: #333333; font-size:16px; text-decoration:=
 none !important;" href=3D"http://info.progressivebusinessmedia.com/e1t/c/*=
W6X5M9v9cfDtTVJdBgf3rZvST0/*W370VT83RvNkGW3ncmvP5tNcN-0/5/f18dQhb0Sq5K8XYYH=
9W5n6JQd1m66NJMpSYxQ60hHYW5-XwZm1mhDGsW99bYQV1x4jlTW8p7NQr4sMSYtW8xghZr7cVt=
KNW2JjVq94rdXg6W5_jSlQ4vgKM1W984y7Q6cns8vW1qwvz26QQnPqW6c0pny96LhGGW2z3Cs11=
x94qvW6Q29TT7fJ_fCVb9-h461SSZmW7dDxTN7mWsnXW7dzcsS51vDDWW19x62162_rT0V3c9G7=
6bnMRgW1NF1yG3NnV4FW1nJpwv26pdfjW35yfvY2zyGZ-W3gW6Gc3K3dsdW5vLLZm378d8nW4v_=
Fhc6MdNv6W3NrbqZ3jSHjGW6R1vsQ5tqyzYW5_P6Kx2Bj3nlW27tg705B3KKhN14Zd_vZyvnjW5=
vDnyn61NF4GVXZkGh8qvkswVY4JSQ8kYbcXW228cF-3cz-3SW49rvVW6dN7S3W4Pw1Vk2sbPxnW=
1GZznv39650pW2-BbBr4DvsVsN15w2rPWDM01W798yxj2jdT75N8MJ7H7Xn5x0W83v-J_58dmqh=
VXDpY_7_1-nJW5bbDYK4Pv86fV5XJ5z8kkDGm102" data-hs-link-id=3D"0" target=3D"_=
blank"><strong>THE U.S. ECONOMY: Optimism abounds</strong></a><br>
</p></td>
</tr>
</tbody>
</table>
<!--THE ECONOMY ABSTRACT-->
<table>
<tbody>
<tr valign=3D"top">
<td width=3D"150" valign=3D"top" style=3D"font-size: 13px; line-height:22px=
; padding-bottom:10px; padding-right:15px;" align=3D"middle">=20=20=20=20=
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20
<a href=3D"http://info.progressivebusinessmedia.com/e1t/c/*W6X5M9v9cfDtTVJd=
Bgf3rZvST0/*W2WJrDL6dQHcMW282zXx7QHj-t0/5/f18dQhb0Sq5K8XYYH9W5n6JQd1m66NJMp=
SYxQ60hHYW5-XwZm1mhDGsW99bYQV1x4jlTW8p7NQr4sMSYtW8xghZr7cVtKNW2JjVq94rdXg6W=
5_jSlQ4vgKM1W984y7Q6cns8vW1qwvz26QQnPqW6c0pny96LhGGW2z3Cs11x94qvW6Q29TT7fJ_=
fCVb9-h461SSZmW7dDxTN7mWsnXW7dzcsS51vDDWW19x62162_rT0V3c9G76bnMRgW1NF1yG3Nn=
V4FW1nJpwv26pdfjW35yfvY2zyGZ-W3gW6Gc3K3dsdW5vLLZm378d8nW4v_Fhc6MdNv6W3NrbqZ=
3jSHjGW6R1vsQ5tqyzYW5_P6Kx2Bj3nlW27tg705B3KKhN14Zd_vZyvnjW5vDnyn61NF4GVXZkG=
h8qvkswVY4JSQ8kYbcXW228cF-3cz-3SW49rvVW6dN7S3W4Pw1Vk2sbPxnW1GZznv39650pW2-B=
bBr4DvsVsN15w2rPWDM01W798yxj2jdT75N8MJ7H7Xn5x0W83v-J_58dmqhVXDpY_7_1-nJW5bb=
DYK5ZDFd9V5XXMJ4QwZ6t102" data-hs-link-id=3D"1" target=3D"_blank"><img widt=
h=3D"150" style=3D"float:middle;" src=3D"http://media-west.progressivebusin=
essmedia.com/photo/219/219304-ft-economicrounduppg1-041318.jpg"></a>
</td>
<td width=3D"485" valign=3D"top" style=3D"font-size: 13px; line-height:22px=
; padding-bottom:10px;" align=3D"left">
<p class=3D"articleAbstract" style=3D"margin-bottom: 1em; margin-top: 0px; =
font-size:13px;">America's economic rejuvenation is going strong. The U.S. =
economy added the largest number of jobs in more than 18 months in February=
 with 313,000. GDP growth has grown to just shy of 3%, an astonishing feat =
when looking at recent history. "The economy has a lot of momentum; things =
feel and look good," said Mickey Levy, U.S. economist at Berenberg Capital =
Markets.<br></p>
<a href=3D"http://info.progressivebusinessmedia.com/e1t/c/*W6X5M9v9cfDtTVJd=
Bgf3rZvST0/*MX0HlxCsjlxW8N7BNh6pWjZJ0/5/f18dQhb0Sq5K8XYYH9W5n6JQd1m66NJMpSY=
xQ60hHYW5-XwZm1mhDGsW99bYQV1x4jlTW8p7NQr4sMSYtW8xghZr7cVtKNW2JjVq94rdXg6W5_=
jSlQ4vgKM1W984y7Q6cns8vW1qwvz26QQnPqW6c0pny96LhGGW2z3Cs11x94qvW6Q29TT7fJ_fC=
Vb9-h461SSZmW7dDxTN7mWsnXW7dzcsS51vDDWW19x62162_rT0V3c9G76bnMRgW1NF1yG3NnV4=
FW1nJpwv26pdfjW35yfvY2zyGZ-W3gW6Gc3K3dsdW5vLLZm378d8nW4v_Fhc6MdNv6W3NrbqZ3j=
SHjGW6R1vsQ5tqyzYW5_P6Kx2Bj3nlW27tg705B3KKhN14Zd_vZyvnjW5vDnyn61NF4GVXZkGh8=
qvkswVY4JSQ8kYbcXW228cF-3cz-3SW49rvVW6dN7S3W4Pw1Vk2sbPxnW1GZznv39650pW2-BbB=
r4DvsVsN15w2rPWDM01W798yxj2jdT75N8MJ7H7Xn5x0W83v-J_58dmqhVXDpY_7_1-nJW5bbDY=
K5n2W9cV5XSzc1jycSB102" data-hs-link-id=3D"2" target=3D"_blank"><img width=
=3D"120" src=3D"http://media.progressivebusinessmedia.com/photo/186/186372-=
full-article.png"></a><br>
<br>
<a href=3D"#top" data-hs-link-id=3D"0" target=3D"_blank">Back to Top</a>
</td>
</tr>
                                                </tbody>
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<!--DASHED BORDER-->
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<td style=3D"height: 10px; border-top-width:1px; border-top-style:dashed; b=
order-top-color:#555555;">&nbsp;<br>
<br>
</td>
</tr>
<!--END DASHED BORDER-->
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<!--BEGIN ROW THREE-->=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=
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<tr>
	<td style=3D"padding-right:0px; display: table-cell; vertical-align: middl=
e;" valign=3D"middle" align=3D"center">
		<table class=3D"deviceWidth" style=3D"border-collapse: collapse;" width=
=3D"635" cellspacing=3D"0" cellpadding=3D"0" border=3D"0" align=3D"left">
		<tbody>
        	<tr>
<!--HOUSING-->=20=20=20=20=20=20=20=20=20=20=20=20
            	<td style=3D"font-size: 13px; line-height:22px; padding-bottom=
:10px;" align=3D"left">
                	<p class=3D"articleTitle" style=3D"margin-bottom: 1em; mar=
gin-top: 0px;"><a style=3D"color: #333333; font-size:16px; text-decoration:=
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9W5n6JQd1m66NJMpSYxQ60hHYW5-XwZm1mhDGsW99bYQV1x4jlTW8p7NQr4sMSYtW8xghZr7cVt=
KNW2JjVq94rdXg6W5_jSlQ4vgKM1W984y7Q6cns8vW1qwvz26QQnPqW6c0pny96LhGGW2z3Cs11=
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6bnMRgW1NF1yG3NnV4FW1nJpwv26pdfjW35yfvY2zyGZ-W3gW6Gc3K3dsdW5vLLZm378d8nW4v_=
Fhc6MdNv6W3NrbqZ3jSHjGW6R1vsQ5tqyzYW5_P6Kx2Bj3nlW27tg705B3KKhN14Zd_vZyvnjW5=
vDnyn61NF4GVXZkGh8qvkswVY4JSQ8kYbcXW228cF-3cz-3SW49rvVW6dN6rcW4Pw1Vk2sbPxnW=
1GZznv39650pW2-BbBr4DvsVsN15w2rPWDM01W798yxj2jdT75N8MJ7H7Xn5x0W83v-J_58dmqh=
VXDpY_7_1-nJW5bbDYK4Pv86fV5XY5V2qPcvN102" data-hs-link-id=3D"0" target=3D"_=
blank"><strong>TODAY'S CONSUMER: Consumer confidence highest since 2000</st=
rong></a><br>
</p>
</td>
</tr>
</tbody>
</table>
<!--HOUSING ABSTRACT-->
<table>
<tbody>
<tr valign=3D"top">
<td width=3D"150" valign=3D"top" style=3D"font-size: 13px; line-height:22px=
; padding-bottom:10px; padding-right:15px;" align=3D"left">=20=20=20=20=20=
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20
<a href=3D"http://info.progressivebusinessmedia.com/e1t/c/*W6X5M9v9cfDtTVJd=
Bgf3rZvST0/*W4tDpl426FlqMW8ml52n7y7VJS0/5/f18dQhb0Sq5K8XYYH9W5n6JQd1m66NJMp=
SYxQ60hHYW5-XwZm1mhDGsW99bYQV1x4jlTW8p7NQr4sMSYtW8xghZr7cVtKNW2JjVq94rdXg6W=
5_jSlQ4vgKM1W984y7Q6cns8vW1qwvz26QQnPqW6c0pny96LhGGW2z3Cs11x94qvW6Q29TT7fJ_=
fCVb9-h461SSZmW7dDxTN7mWsnXW7dzcsS51vDDWW19x62162_rT0V3c9G76bnMRgW1NF1yG3Nn=
V4FW1nJpwv26pdfjW35yfvY2zyGZ-W3gW6Gc3K3dsdW5vLLZm378d8nW4v_Fhc6MdNv6W3NrbqZ=
3jSHjGW6R1vsQ5tqyzYW5_P6Kx2Bj3nlW27tg705B3KKhN14Zd_vZyvnjW5vDnyn61NF4GVXZkG=
h8qvkswVY4JSQ8kYbcXW228cF-3cz-3SW49rvVW6dN6rcW4Pw1Vk2sbPxnW1GZznv39650pW2-B=
bBr4DvsVsN15w2rPWDM01W798yxj2jdT75N8MJ7H7Xn5x0W83v-J_58dmqhVXDpY_7_1-nJW5bb=
DYK5ZDFd9V5XFFM1f_sM9102" data-hs-link-id=3D"1" target=3D"_blank"><img widt=
h=3D"150" style=3D"float:left;" src=3D"http://media-west.progressivebusines=
smedia.com/photo/219/219305-ft-economicrounduppg2-041318.jpg"></a>
</td>
<td width=3D"485" valign=3D"top" style=3D"font-size: 13px; line-height:22px=
; padding-bottom:10px;" align=3D"left">
<p class=3D"articleAbstract" style=3D"margin-bottom: 1em; margin-top: 0px; =
font-size:13px;">The Conference Board reported Consumer Confidence at 130.8=
 for February, up slightly from January's rate of 124.3.
<br><br>
"Consumer confidence improved to its highest level since 2000 (Nov. 2000, 1=
32.6) after a modest increase in January," said Lynn Franco, director of ec=
onomic indicators at The Conference Board.<br></p>
<a href=3D"http://info.progressivebusinessmedia.com/e1t/c/*W6X5M9v9cfDtTVJd=
Bgf3rZvST0/*F8yC73zDyNFW28yQc26PWTzl0/5/f18dQhb0Sq5K8XYYH9W5n6JQd1m66NJMpSY=
xQ60hHYW5-XwZm1mhDGsW99bYQV1x4jlTW8p7NQr4sMSYtW8xghZr7cVtKNW2JjVq94rdXg6W5_=
jSlQ4vgKM1W984y7Q6cns8vW1qwvz26QQnPqW6c0pny96LhGGW2z3Cs11x94qvW6Q29TT7fJ_fC=
Vb9-h461SSZmW7dDxTN7mWsnXW7dzcsS51vDDWW19x62162_rT0V3c9G76bnMRgW1NF1yG3NnV4=
FW1nJpwv26pdfjW35yfvY2zyGZ-W3gW6Gc3K3dsdW5vLLZm378d8nW4v_Fhc6MdNv6W3NrbqZ3j=
SHjGW6R1vsQ5tqyzYW5_P6Kx2Bj3nlW27tg705B3KKhN14Zd_vZyvnjW5vDnyn61NF4GVXZkGh8=
qvkswVY4JSQ8kYbcXW228cF-3cz-3SW49rvVW6dN6rcW4Pw1Vk2sbPxnW1GZznv39650pW2-BbB=
r4DvsVsN15w2rPWDM01W798yxj2jdT75N8MJ7H7Xn5x0W83v-J_58dmqhVXDpY_7_1-nJW5bbDY=
K5n2W9cV5X-Z44MW1gN102" data-hs-link-id=3D"2" target=3D"_blank"><img width=
=3D"120" src=3D"http://media.progressivebusinessmedia.com/photo/186/186372-=
full-article.png"></a><br>
<br>
<a href=3D"#top" data-hs-link-id=3D"1" target=3D"_blank">Back to Top</a>
                                                        </td>
</tr>
                                                </tbody>
                                            </table>
<!--DASHED BORDER-->
</td></tr><tr>
<td style=3D"height: 10px; border-top-width:1px; border-top-style:dashed; b=
order-top-color:#555555;">&nbsp;<br>
<br>
</td>
</tr>
<!--END DASHED BORDER-->
<!--BEGIN ROW FOUR-->=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20
<tr>
	<td style=3D"padding-right:0px; display: table-cell; vertical-align: middl=
e;" valign=3D"middle" align=3D"center">
		<table class=3D"deviceWidth" style=3D"border-collapse: collapse;" width=
=3D"635" cellspacing=3D"0" cellpadding=3D"0" border=3D"0" align=3D"left">
		<tbody>
        	<tr>
<!--HOUSEHOLD INCOME-->=20=20=20=20=20=20=20=20=20=20=20=20
            	<td style=3D"font-size: 13px; line-height:22px; padding-bottom=
:10px;" align=3D"left">
                	<p class=3D"articleTitle" style=3D"margin-bottom: 1em; mar=
gin-top: 0px;"><a style=3D"color: #333333; font-size:16px; text-decoration:=
 none !important;" href=3D"http://info.progressivebusinessmedia.com/e1t/c/*=
W6X5M9v9cfDtTVJdBgf3rZvST0/*W2kJ8sS518NLSW2Kf52h9kZXt-0/5/f18dQhb0Sq5K8XYYH=
9W5n6JQd1m66NJMpSYxQ60hHYW5-XwZm1mhDGsW99bYQV1x4jlTW8p7NQr4sMSYtW8xghZr7cVt=
KNW2JjVq94rdXg6W5_jSlQ4vgKM1W984y7Q6cns8vW1qwvz26QQnPqW6c0pny96LhGGW2z3Cs11=
x94qvW6Q29TT7fJ_fCVb9-h461SSZmW7dDxTN7mWsnXW7dzcsS51vDDWW19x62162_rT0V3c9G7=
6bnMRgW1NF1yG3NnV4FW1nJpwv26pdfjW35yfvY2zyGZ-W3gW6Gc3K3dsdW5vLLZm378d8nW4v_=
Fhc6MdNv6W3NrbqZ3jSHjGW6R1vsQ5tqyzYW5_P6Kx2Bj3nlW27tg705B3KKhN14Zd_vZyvnjW5=
vDnyn61NF4GVXZkGh8qvkswVY4JSQ8kYbcXW228cF-3cz-3SW49rvVW6dN9dXW4Pw1Vk2sbPxnW=
1GZznv39650pW2-BbBr4DvsVsN15w2rPWDM01W798yxj2jdT75N8MJ7H7Xn5x0W83v-J_58dmqh=
VXDpY_7_1-nJW5bbDYK4Pv86fM5Y14jw06JQ102" data-hs-link-id=3D"0" target=3D"_b=
lank"><strong>THE HOUSING MARKET: The beginning of a crisis?</strong></a><b=
r>
</p>
</td>
</tr>
</tbody>
</table>
<!--HOUSEHOLD INCOME ABSTRACT-->
<table>
<tbody>
<tr valign=3D"top">
<td valign=3D"top" style=3D"font-size: 13px; line-height:22px; padding-bott=
om:10px; padding-right:15px;" align=3D"left">=20=20=20=20=20=20=20=20=20=20=
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20
<a href=3D"http://info.progressivebusinessmedia.com/e1t/c/*W6X5M9v9cfDtTVJd=
Bgf3rZvST0/*W4zdgpL5-rlkHVXFfj45G49HG0/5/f18dQhb0Sq5K8XYYH9W5n6JQd1m66NJMpS=
YxQ60hHYW5-XwZm1mhDGsW99bYQV1x4jlTW8p7NQr4sMSYtW8xghZr7cVtKNW2JjVq94rdXg6W5=
_jSlQ4vgKM1W984y7Q6cns8vW1qwvz26QQnPqW6c0pny96LhGGW2z3Cs11x94qvW6Q29TT7fJ_f=
CVb9-h461SSZmW7dDxTN7mWsnXW7dzcsS51vDDWW19x62162_rT0V3c9G76bnMRgW1NF1yG3NnV=
4FW1nJpwv26pdfjW35yfvY2zyGZ-W3gW6Gc3K3dsdW5vLLZm378d8nW4v_Fhc6MdNv6W3NrbqZ3=
jSHjGW6R1vsQ5tqyzYW5_P6Kx2Bj3nlW27tg705B3KKhN14Zd_vZyvnjW5vDnyn61NF4GVXZkGh=
8qvkswVY4JSQ8kYbcXW228cF-3cz-3SW49rvVW6dN9dXW4Pw1Vk2sbPxnW1GZznv39650pW2-Bb=
Br4DvsVsN15w2rPWDM01W798yxj2jdT75N8MJ7H7Xn5x0W83v-J_58dmqhVXDpY_7_1-nJW5bbD=
YK5ZDFd9V5XPs540bwgk102" data-hs-link-id=3D"1" target=3D"_blank"><img width=
=3D"150" style=3D"float:left;" src=3D"http://media-west.progressivebusiness=
media.com/photo/219/219308-ft-economicrounduppg3-041318.jpg"></a>
</td>
<td width=3D"485" valign=3D"top" style=3D"font-size: 13px; line-height:22px=
; padding-bottom:10px;" align=3D"left">
<p class=3D"articleAbstract" style=3D"margin-bottom: 1em; margin-top: 0px; =
font-size:13px;">Sales of new single-family homes decreased in February by =
0.6% from January 2018 to a seasonally adjusted annual rate of 618,000, acc=
ording to the U.S. Census Bureau. Year-over-year sales for February increas=
ed by 0.5% above the February 2017 estimate of 615,000. The median sales pr=
ice of a new home for February was $326,800.<br></p>
<a href=3D"http://info.progressivebusinessmedia.com/e1t/c/*W6X5M9v9cfDtTVJd=
Bgf3rZvST0/*W2phsRW5HZLndW2S9NKm1h8DkR0/5/f18dQhb0Sq5K8XYYH9W5n6JQd1m66NJMp=
SYxQ60hHYW5-XwZm1mhDGsW99bYQV1x4jlTW8p7NQr4sMSYtW8xghZr7cVtKNW2JjVq94rdXg6W=
5_jSlQ4vgKM1W984y7Q6cns8vW1qwvz26QQnPqW6c0pny96LhGGW2z3Cs11x94qvW6Q29TT7fJ_=
fCVb9-h461SSZmW7dDxTN7mWsnXW7dzcsS51vDDWW19x62162_rT0V3c9G76bnMRgW1NF1yG3Nn=
V4FW1nJpwv26pdfjW35yfvY2zyGZ-W3gW6Gc3K3dsdW5vLLZm378d8nW4v_Fhc6MdNv6W3NrbqZ=
3jSHjGW6R1vsQ5tqyzYW5_P6Kx2Bj3nlW27tg705B3KKhN14Zd_vZyvnjW5vDnyn61NF4GVXZkG=
h8qvkswVY4JSQ8kYbcXW228cF-3cz-3SW49rvVW6dN9dXW4Pw1Vk2sbPxnW1GZznv39650pW2-B=
bBr4DvsVsN15w2rPWDM01W798yxj2jdT75N8MJ7H7Xn5x0W83v-J_58dmqhVXDpY_7_1-nJW5bb=
DYK5n2W9cV5XTFm7x6Sph102" data-hs-link-id=3D"2" target=3D"_blank"><img widt=
h=3D"120" src=3D"http://media.progressivebusinessmedia.com/photo/186/186372=
-full-article.png"></a><br>
<br>
<a href=3D"#top" data-hs-link-id=3D"2" target=3D"_blank">Back to Top</a>
                                                        </td>
</tr>
                                                </tbody>
                                            </table>
<!--DASHED BORDER-->
</td></tr><tr>
<td style=3D"height: 10px; border-top-width:1px; border-top-style:dashed; b=
order-top-color:#555555;">&nbsp;<br>
<br>
</td>
</tr>
<!--END DASHED BORDER-->
<!--BEGIN ROW FIVE-->=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20
<tr>
	<td style=3D"padding-right:0px; display: table-cell; vertical-align: middl=
e;" valign=3D"middle" align=3D"center">
		<table class=3D"deviceWidth" style=3D"border-collapse: collapse;" width=
=3D"635" cellspacing=3D"0" cellpadding=3D"0" border=3D"0" align=3D"left">
		<tbody>
        	<tr>
<!--FURNITURE STORES-->=20=20=20=20=20=20=20=20=20=20=20=20
            	<td style=3D"font-size: 13px; line-height:22px; padding-bottom=
:10px;" align=3D"left">
                	<p align=3D"left" class=3D"articleTitle" style=3D"margin-b=
ottom: 1em; margin-top: 0px;"><a style=3D"color: #333333; font-size:16px; t=
ext-decoration: none !important; text-align:left;" href=3D"http://info.prog=
ressivebusinessmedia.com/e1t/c/*W6X5M9v9cfDtTVJdBgf3rZvST0/*VTsQfV1s7RKhN4T=
CtBNtg3G20/5/f18dQhb0Sq5K8XYYH9W5n6JQd1m66NJMpSYxQ60hHYW5-XwZm1mhDGsW99bYQV=
1x4jlTW8p7NQr4sMSYtW8xghZr7cVtKNW2JjVq94rdXg6W5_jSlQ4vgKM1W984y7Q6cns8vW1qw=
vz26QQnPqW6c0pny96LhGGW2z3Cs11x94qvW6Q29TT7fJ_fCVb9-h461SSZmW7dDxTN7mWsnXW7=
dzcsS51vDDWW19x62162_rT0V3c9G76bnMRgW1NF1yG3NnV4FW1nJpwv26pdfjW35yfvY2zyGZ-=
W3gW6Gc3K3dsdW5vLLZm378d8nW4v_Fhc6MdNv6W3NrbqZ3jSHjGW6R1vsQ5tqyzYW5_P6Kx2Bj=
3nlW27tg705B3KKhN14Zd_vZyvnjW5vDnyn61NF4GVXZkGh8qvkswVY4JSQ8kYbcXW228cF-3cz=
-3SW49rvVW6dN5LhW4Pw1Vk2sbPxnW1GZznv39650pW2-BbBr4DvsVsN15w2rPWDM01W798yxj2=
jdT75N8MJ7H7Xn5x0W83v-J_58dmqhVXDpY_7_1-nJW5bbDYK4Pv86fV5XXl847V1_r102" dat=
a-hs-link-id=3D"0" target=3D"_blank"><strong>HOUSING SUPPLY CRUNCH: Prices =
are up; inventory is down
</strong></a><br>
</p>
</td>
</tr>
</tbody>
</table>
<!--FURNITURE STORES ABSTRACT-->
<table>
<tbody>
<tr valign=3D"top">
<td valign=3D"top" style=3D"font-size: 13px; line-height:22px; padding-bott=
om:10px; padding-right:15px;" align=3D"left">=20=20=20=20=20=20=20=20=20=20=
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20
<a href=3D"http://info.progressivebusinessmedia.com/e1t/c/*W6X5M9v9cfDtTVJd=
Bgf3rZvST0/*W6sx-4x36sKMJW9gppgw6hZ22Q0/5/f18dQhb0Sq5K8XYYH9W5n6JQd1m66NJMp=
SYxQ60hHYW5-XwZm1mhDGsW99bYQV1x4jlTW8p7NQr4sMSYtW8xghZr7cVtKNW2JjVq94rdXg6W=
5_jSlQ4vgKM1W984y7Q6cns8vW1qwvz26QQnPqW6c0pny96LhGGW2z3Cs11x94qvW6Q29TT7fJ_=
fCVb9-h461SSZmW7dDxTN7mWsnXW7dzcsS51vDDWW19x62162_rT0V3c9G76bnMRgW1NF1yG3Nn=
V4FW1nJpwv26pdfjW35yfvY2zyGZ-W3gW6Gc3K3dsdW5vLLZm378d8nW4v_Fhc6MdNv6W3NrbqZ=
3jSHjGW6R1vsQ5tqyzYW5_P6Kx2Bj3nlW27tg705B3KKhN14Zd_vZyvnjW5vDnyn61NF4GVXZkG=
h8qvkswVY4JSQ8kYbcXW228cF-3cz-3SW49rvVW6dN5LhW4Pw1Vk2sbPxnW1GZznv39650pW2-B=
bBr4DvsVsN15w2rPWDM01W798yxj2jdT75N8MJ7H7Xn5x0W83v-J_58dmqhVXDpY_7_1-nJW5bb=
DYK5ZDFd9M5XHJ3F6JfB102" data-hs-link-id=3D"1" target=3D"_blank"><img width=
=3D"150" style=3D"float:left;" src=3D"http://media-west.progressivebusiness=
media.com/photo/219/219309-ft-economicrounduppg4-041318.jpg"></a>
</td>
<td width=3D"485" valign=3D"top" style=3D"font-size: 13px; line-height:22px=
; padding-bottom:10px;" align=3D"left">
<p class=3D"articleAbstract" style=3D"margin-bottom: 1em; margin-top: 0px; =
font-size:13px;">Existing home sales were down to 5.38 million in January, =
according to the National Assn. of Realtors (NAR), a 3.2% slide from Decemb=
er. January is the second straight month of decline and 4.8% lower than one=
 year ago. <br></p>
<a href=3D"http://info.progressivebusinessmedia.com/e1t/c/*W6X5M9v9cfDtTVJd=
Bgf3rZvST0/*N5lbBsG8cw06VYTt8P3-zc9q0/5/f18dQhb0Sq5K8XYYH9W5n6JQd1m66NJMpSY=
xQ60hHYW5-XwZm1mhDGsW99bYQV1x4jlTW8p7NQr4sMSYtW8xghZr7cVtKNW2JjVq94rdXg6W5_=
jSlQ4vgKM1W984y7Q6cns8vW1qwvz26QQnPqW6c0pny96LhGGW2z3Cs11x94qvW6Q29TT7fJ_fC=
Vb9-h461SSZmW7dDxTN7mWsnXW7dzcsS51vDDWW19x62162_rT0V3c9G76bnMRgW1NF1yG3NnV4=
FW1nJpwv26pdfjW35yfvY2zyGZ-W3gW6Gc3K3dsdW5vLLZm378d8nW4v_Fhc6MdNv6W3NrbqZ3j=
SHjGW6R1vsQ5tqyzYW5_P6Kx2Bj3nlW27tg705B3KKhN14Zd_vZyvnjW5vDnyn61NF4GVXZkGh8=
qvkswVY4JSQ8kYbcXW228cF-3cz-3SW49rvVW6dN5LhW4Pw1Vk2sbPxnW1GZznv39650pW2-BbB=
r4DvsVsN15w2rPWDM01W798yxj2jdT75N8MJ7H7Xn5x0W83v-J_58dmqhVXDpY_7_1-nJW5bbDY=
K5n2W9cV5X-716tkVWy102" data-hs-link-id=3D"2" target=3D"_blank"><img width=
=3D"120" src=3D"http://media.progressivebusinessmedia.com/photo/186/186372-=
full-article.png"></a><br>
<br>
<a href=3D"#top" data-hs-link-id=3D"3" target=3D"_blank">Back to Top</a>
                                                        </td>
</tr>
                                                </tbody>
                                            </table>
<!--DASHED BORDER-->
</td></tr><tr>
<td style=3D"height: 10px; border-top-width:1px; border-top-style:dashed; b=
order-top-color:#555555;">&nbsp;<br>
<br>
</td>
</tr>
<!--END DASHED BORDER-->
<!--BEGIN ROW SIX-->=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=
=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20=20
<tr>
	<td style=3D"padding-right:0px; display: table-cell; vertical-align: middl=
e;" valign=3D"middle" align=3D"center">
		<table class=3D"deviceWidth" style=3D"border-collapse: collapse;" width=
=3D"635" cellspacing=3D"0" cellpadding=3D"0" border=3D"0" align=3D"left">
		<tbody>
        	<tr>
<!--HOUSEHOLD INCOME-->=20=20=20=20=20=20=20=20=20=20=20=20
            	<td style=3D"font-size: 13px; line-height:22px; padding-bottom=
:10px;" align=3D"left">
                	<p class=3D"articleTitle" style=3D"margin-bottom: 1em; mar=
gin-top: 0px;"><a style=3D"color: #333333; font-size:16px; text-decoration:=
 none !important;" href=3D"http://info.progressivebusinessmedia.com/e1t/c/*=
W6X5M9v9cfDtTVJdBgf3rZvST0/*W7F49-84sQYVMW3kH5Hf2hjX6P0/5/f18dQhb0Sq5K8XYYH=
9W5n6JQd1m66NJMpSYxQ60hHYW5-XwZm1mhDGsW99bYQV1x4jlTW8p7NQr4sMSYtW8xghZr7cVt=
KNW2JjVq94rdXg6W5_jSlQ4vgKM1W984y7Q6cns8vW1qwvz26QQnPqW6c0pny96LhGGW2z3Cs11=
x94qvW6Q29TT7fJ_fCVb9-h461SSZmW7dDxTN7mWsnXW7dzcsS51vDDWW19x62162_rT0V3c9G7=
6bnMRgW1NF1yG3NnV4FW1nJpwv26pdfjW35yfvY2zyGZ-W3gW6Gc3K3dsdW5vLLZm378d8nW4v_=
Fhc6MdNv6W3NrbqZ3jSHjGW6R1vsQ5tqyzYW5_P6Kx2Bj3nlW27tg705B3KKhN14Zd_vZyvnjW5=
vDnyn61NF4GVXZkGh8qvkswVY4JSQ8kYbcXW228cF-3cz-3SW49rvVW6dN8x_W4Pw1Vk2sbPxnW=
1GZznv39650pW2-BbBr4DvsVsN15w2rPWDM01W798yxj2jdT75N8MJ7H7Xn5x0W83v-J_58dmqh=
VXDpY_7_1-nJW5bbDYK4Pv86fV5Y1SB2hsq6_102" data-hs-link-id=3D"0" target=3D"_=
blank"><strong>FURNITURE PRODUCT: U.S. imports increased 2.5% in 2017</stro=
ng></a><br>
</p>
</td>
</tr>
</tbody>
</table>
<!--HOUSEHOLD INCOME ABSTRACT-->
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<p class=3D"articleAbstract" style=3D"margin-bottom: 1em; margin-top: 0px; =
font-size:13px;">U.S. furniture imports increased 2.5% in 2017 to a total o=
f $24.7 billion, according to the most recent numbers from the U.S. Interna=
tional Trade Commission. This year's slow growth follows last year's growth=
 of less than 1% following four years of surging import expansion: 11.9% ga=
in between 2015 and 2014, 8.3% increase between 2013 and 2014, 7.8% bump be=
tween 2012 and 2013, and 9.0% growth from 2011 to 2012.<br></p>
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