2009 Year in Review
01.18.10| It was neither the best of times nor the worst of times. While we in the
U.S. continue, generally, our charmed lives, there were events and
circumstances in the interiors industries to bemoan and many that brought
joy and hope. The economy finally struck us with full force, and by the
end of November, contract furniture orders were $620 million for the
month, with estimated trailing 12-month orders at $7.77 billion, down
30.2% year-over-year. November shipments were $640 million, with trailing
12-month shipments estimated at $8.025 billion, a 28.9% year-over-year
decrease -- "the worst drop we have on record," said Raymond
James analyst Budd Bugatch. Still, every drastic shift brings the
prospect of an inflection point, and we look forward to seeing what we
have learn from 2009. Here are a few of the salient developments covered
last year by officeinsight.
Categories: Arch & Design, Competitions and Awards, Events, Legislation, People

