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Industries in Focus: Furniture Industry

Author

Listed:
  • Simon Litsche

Abstract

Like almost all manufacturing industries, furniture manufacturers are also suffering from the effects of the coronavirus pandemic. The significant slump in demand hit the industry hard, especially in March and April. By contrast, participants in the ifo Business Survey expect to see a recovery in the second half of 2020 – although this is unlikely to be sufficient to offset the downturn seen in the first half of the year.

Suggested Citation

  • Simon Litsche, 2020. "Industries in Focus: Furniture Industry," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(09), pages 75-77, September.
    • Handle: RePEc:ces:ifosdt:v:73:y:2020:i:09:p:75-77
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    File URL: https://www.ifo.de/DocDL/sd-2020-09-litsche-moebelindustrie.pdf
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    Citations

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    Cited by:

    1. Przemyslaw Brandt & Nicolas Bunde & Sabine Rumscheidt & Klaus Wohlrabe, 2021. "Selected Industry Developments 2020/2021: An Overview for Manufacturing, Trade, and the Service Sector," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 74(01), pages 66-72, January.

    More about this item

    Keywords

    Möbelindustrie; Branchenentwicklung;

    JEL classification:

    • L69 - Industrial Organization - - Industry Studies: Manufacturing - - - Other

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