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AFMA FORECASTS5.9% GROWTH

Furniture World Magazine

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The quarterly industry economic forecast released by the AFMA at the end of April, predicts that consumer purchases will grow 5.2% in 1997 to $51.522 billion and then to $53.882 billion in 1998. Wood furniture shipments are expected to grow 6.2%, while upholstered furniture shipments should increase 5.7% in 1997.