Furniture in North Carolina
The home furnishings industry is an essential part of North Carolina’s economy, providing employment for thousands of people and contributing to the livelihood of many thousands more. A 2007 study
by High Point University found that the economic impact of the home furnishings industry on the Triad region of North Carolina was $8.25 billion in industry output with more than 69,000 jobs. Other findings include the following:
• the economic impact of furniture manufacturing across the Triad region was $4.8 billion in industry output and 34,000 jobs
• furniture and related product manufacturing is the largest manufacturing sub sector in the Triad region with more than 16,000 jobs
• High Point Market has an economic impact of $1.117 billion and creates 12,774 jobs
Often referred to as the “Furniture Capital of the World,”™ High Point, North Carolina, is home to the largest home furnishings market in the world, the High Point Market
. From 1889, when the High Point Furniture Manufacturing Company shipped its first piece of furniture, to its current status as an economic powerhouse for the State of North Carolina, the region has steadily expanded its influence and reach in the home furnishings industry.
In recent years, the home furnishings industry has felt the impact of increased global competition. And yet, as the global picture continues to evolve, North Carolina furniture manufacturers are demonstrating remarkable resilience, finding success in overseas markets and domestic markets alike as customers continue to rely on them for furniture of exceptional quality and design. Many North Carolina companies are benefiting from branding efforts emphasizing that their products are “Made in America,” thanks to the longstanding and well-established reputation of the North Carolina's furniture industry.