Indicator scope
The methodology applies to US state-level furniture retail market size and US state-level furniture production market size. Retail indicators describe turnover through furniture and home furnishings retailers. Production indicators describe turnover generated by furniture manufacturing activity.
The state figures are modeled allocation estimates. They are intended for territory comparison, market sizing, regional exposure analysis and benchmarking, not as a store-productivity, per-capita demand or establishment-count measure.
Retail state method
The retail state indicator starts from the 2022 Census Economic Census state distribution for NAICS 4491, Furniture and Home Furnishings Retailers. This is the preferred state benchmark because it is more aligned with the current retail classification than older NAICS 442-only state benchmarks.
Years away from the 2022 benchmark are updated with state-level year-over-year movement from the FRED MSRS NAICS 442 furniture and home furnishings store series. NAICS 442 is used as the movement proxy because it provides state-level annual change information that is more timely than the full Census benchmark.
Monthly state values are created by allocating the national US furniture retail turnover series across modeled state shares. The indicator page then sums the latest comparable months into the published state ranking and map.
Production state method
The production state indicator uses NAICS 337 furniture manufacturing as the production-side classification. Direct state observations come from Census Annual Survey of Manufactures data, the 2022 Economic Census and Annual Integrated Economic Survey data where available.
After the latest direct Census state observation, state shares are extended with BLS QCEW NAICS 337 movement. The proxy combines employment and payroll growth to avoid relying on only a headcount signal when wages, mix and output value are moving differently.
The modeled state distribution is benchmarked back to the Furnilytics national US furniture production turnover series so the sum of states matches the national production market-size view.
National alignment and currency conversion
State values are scaled to match the corresponding Furnilytics national indicator. For retail, this keeps the state map and ranking aligned with the national US furniture retail turnover page. For production, it keeps the state estimates aligned with the national US furniture production turnover page.
US dollars are the source-market view. Euro values are added for international comparison using European Central Bank USD/EUR exchange rates. Retail monthly values use monthly exchange rates; production yearly values use annual-average exchange rates.
Revisions and limitations
The most important limitation is that recent state values are modeled. Direct state benchmark data is not available with the same timeliness as the national monthly or annual indicators, so recent state shares depend on proxy movement indicators.
Classification differences also matter. Retail benchmark shares use NAICS 4491, while the retail movement proxy uses the available state NAICS 442 signal. Production uses NAICS 337, but QCEW movement is an employment and payroll proxy, not a direct turnover source. Historical values may be revised when Census, BLS, FRED, ECB or Furnilytics national benchmark data is refreshed.