First we consider job losses in furniture and related products manufacturing (NAICS 337). Here we find establishments producing upholstered and non-upholstered wood and metal household furniture; mattresses, and blinds and shades; wood kitchen cabinets and countertops; office furniture; and school, public building, restaurant, and other institutional furniture.
American furniture manufacturing plants, which employed 616,900 workers at the beginning of 1990, employed an average 373,225 in 2014. Those job losses are described in the following figure and table:
After a dip following the 1990-91 recession, we see a substantial increase through the economic expansion of the 1990s, to some 680,000 jobs in 2000. Following is a precipitous fall-off beginning after 2000, coincident with the 2001 recession and the granting of permanent most favored nation status and WTO membership to China. After a leveling off from 2003 through 2006, the rate of loss accelerates through the Great Recession to a low of 351,133 jobs in 2012, for a loss of some 329,000 (53%) of the jobs held in 2000. Since the low of 2012, employment has seen a recovery of 21,892 (7%) of the lost jobs, to an average of 373,225 jobs in 2014.
Between 2000 and 2014, the furniture industry[i] saw a 45% decline in employment, losing more than four out of every ten jobs, some 307,000 jobs in all.
GO TO Wood Products.
[i] Industries in the Furniture and Related Product Manufacturing subsector make furniture and related articles, such as mattresses, window blinds, cabinets, and fixtures. The processes used in the manufacture of furniture include the cutting, bending, molding, laminating, and assembly of such materials as wood, metal, glass, plastics, and rattan. However, the production process for furniture is not solely bending metal, cutting and shaping wood, or extruding and molding plastics. Design and fashion trends play an important part in the production of furniture. The integrated design of the article for both esthetic and functional qualities is also a major part of the process of manufacturing furniture. Design services may be performed by the furniture establishment's work force or may be purchased from industrial designers. The furniture and related product manufacturing subsector consists of these industry groups: Household and Institutional Furniture and Kitchen Cabinet Manufacturing: (NAICS 3371); Office Furniture (including Fixtures) Manufacturing (NAICS 3372); and Other Furniture Related Product Manufacturing (NAICS 3379). [http://www.bls.gov/iag/tgs/iag337.htm, published in North American Industry Classification System.]
May 15, 2014, Ontario, CA - MIAA's founder, Jim Stuber, delivered the keynote address at the 20th annual World Trade Conference sponsored by the U.S. Department of Commerce and the California Inland Empire District Export Council in Ontario, California. To view the conference agenda, click here:
May 7, 2015, Radnor, PA. MIAA's founder, Jim Stuber, appeared as the guest of host Richard J. Anthony, Sr. on The Entrepreneur's Network TV at Radnor Studio 21. The program featured a discussion of the problems caused by offshoring manufacturing and white collar jobs and how consmers can solve the problem with their spending decisions.
Studio 21 has made the program available for viewing here: