Tariffs may impact furniture market sellers and consumers

Retail shops not yet seeing major impact of tariffs

KINGSPORT, Tenn. (WJHL) -The latest tariff increase from the Trump administration has small businesses worried about increased prices. However, local retail shops like Backdraft Custom Apparel in Kingsport say they haven't seen major increases, at least not yet. Backdraft sales manager Shawn Burdge described it as "still up in the air." He told News Channel 11 that the store gets most of its products from wholesalers who are also having to make …

Consumers are putting off big purchases

Redfin data reveals high anxiety due to tariffs.

As businesses assess effects of tariffs, consumers take action

Newly released economic data shows how consumers have worked to minimize the effects of tariffs.

Tariffs may impact furniture market sellers and consumers

Higher costs for imports could affect furniture makers that get their pieces or materials from overseas.

Retail sales rise in March despite consumer jitters over tariffs - Furniture Today

WASHINGTON – Data released yesterday by the U.S. Census Bureau showed retail sales grew in March even though consumers “continued to worry about the impact of rising tariffs,” said Jack Kleinhenz, the National Retail Federation’s chief economist. “Retail sales strengthened in March, supported by continued solid growth in income, lower energy costs and bigger-than-usual tax refunds that all helped support household budgets,” said Kleinhenz. “Howe…

Here’s how shoppers are reacting to tariffs

The imposition of tariffs on most imported goods is having an effect on how consumers plan to shop and spend.