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Reshored furniture industry jobs could fall 70% in 2025, says report - Furniture Today
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Reshored furniture industry jobs could fall 70% in 2025, says report - Furniture Today
SARASOTA, Fla. — Reshoring and foreign direct investment (FDI) in U.S. manufacturing remained strong in 2024, with 244,000 new jobs announced, but the furniture sector is facing a sharp slowdown, according to a new report. According to the Reshoring Initiative’s 2024 Annual Report, the category is projected to see a 70% year-over-year decline in job announcements — from 1,970 in 2024 to just 600 in 2025 — one of the steepest drops of any indust…
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