Whither North Carolina Furniture Manufacturing?

23 Pages Posted: 5 Dec 2012

See all articles by Robert Lacy

Robert Lacy

Federal Reserve Banks - Federal Reserve Bank of Richmond

Date Written: September 1, 2004

Abstract

North Carolina's furniture manufacturing industry has contracted in recent years as imports have gained a greater share of the domestic furniture market. Rapid growth of the furniture industry in China and a surge in exports from that country to the United States in particular have contributed to plant closings and consolidation of operations in the state. North Carolina's furniture manufacturers are adapting to the emergence of global competition and are developing new corporate strategies to better compete.

Keywords: furniture manufacturing, regional economic activity, industry studies

JEL Classification: L60, N62, N92, R11

Suggested Citation

Lacy, Robert, Whither North Carolina Furniture Manufacturing? (September 1, 2004). Available at SSRN: https://ssrn.com/abstract=2184954 or http://dx.doi.org/10.2139/ssrn.2184954

Robert Lacy (Contact Author)

Federal Reserve Banks - Federal Reserve Bank of Richmond

P.O. Box 27622
Richmond, VA 23261
United States

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