Is The Housing Slowdown Starting To Crack The Home Furnishings Business? [Forbes]
Ethan Allen Interiors, Inc (ETH)
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Source: Forbes
Is The Housing Slowdown Starting To Crack The Home Furnishings Business? Are retailers like Home Depot at risk because of the housing slowdown? They say no, others aren't so sure. Getty A stronger housing market over the past several years has been an incredible catalyst for the home furnishings and home improvement businesses. But there are signs the boom may be over. Analysts and some of the retailers in the space themselves have put out warnings that fewer new homes and an overall slowing economy could weaken the business in 2019. So far, hard results aren’t necessarily backing up that theory and some retailers – particularly Depot – are suggesting that things are just fine, thank you. But the overall volume of naysayers is no doubt starting to take its toll. Earlier his week, Credit Suisse, ironically in raising its guidance on online home specialist Wayfair, said it is less optimistic about the overall home space. Citing a variety of factors, it said it was cautious about the cha
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