It appears now days, people are purchasing more and more furnishings to fill their tiny dwellings. As per the IBM forecast, which was based on the data derived from leading 500 US retailers, it is expected that the sales on home furnishings will increase up to $23.2 billion, in the month of April, May, June and up to 8 % in a year’s time.
IBM states that the trend in the direction of smaller American houses has forced the customers to buy new furniture to fill into these tighter places.
The drift away from the Mcmanisions is not the only cause for the increase in the sales of home furnishing. IBM conceives that the present Chinese ‘Year of the Dragon” is well-liked by a number of individual and is accepted for marriages, therefore wedding presents, which could also be the reason for motivating the sales.
This has occurred previously. A spokes women from IBM said that they went back to the previous year of the Dragon in the year 200 to 2001and witnessed a spike in the sales of home products.
The downturn in economy has additionally fueled the trend in home accessories.