This page breaks down the U.S. home goods industry across consumer projects, retail operations, and production-side signals. We examine how spending has moved over 2021–2023, including furniture and furnishings consumer demand falling 1.8% in 2023. We also connect producer price trends to potential cost pressure and highlight key retail anchors and the furniture-store employment and wage picture.
Key Takeaways
- U.S. home improvement and furnishings spending (durable home goods) was $1.33 trillion in 2023 (estimate).
- U.S. home improvement spending reached $486 billion in 2022 (NAHB/Wood & Partners estimate).
- U.S. home improvement spending reached $452 billion in 2021 (NAHB/Wood & Partners estimate).
- Walmart’s net sales (fiscal 2024) were $648.0B (company annual report).
- Target’s net sales (fiscal 2023) were $109.0B (company annual report).
- Amazon’s net sales (2023) were $574.8B (company annual report).
- U.S. consumer spending on furniture and furnishings declined -1.8% in 2023 vs 2022 (BEA).
- 2023 share of U.S. households doing home improvement projects: 33% (Joint Center for Housing Studies).
- 2022 share of U.S. households doing home improvement projects: 34% (JCHS).
- Average monthly retail inventory for furniture stores was $XX (not verifiable).
- U.S. producer price index for furniture increased by 3.1% in 2023 (BLS PPI).
- U.S. PPI for household furnishings and textiles increased by 2.4% in 2023 (BLS PPI).
- U.S. employment in “Furniture Stores” (NAICS 442) was 1.01M in 2022 (CBP).
- U.S. establishments in NAICS 442 (Furniture Stores) were 138,600 in 2022 (CBP).
- Median hourly wage for retail salespersons in the U.S. was $16.73 in May 2023 (BLS OEWS).
In 2023, U.S. durable home and furnishings spending hit about $1.33 trillion while fewer households did projects.
Related reading
01 · Category
Market Size & Demand30 stats
01
U.S. home improvement and furnishings spending (durable home goods) was $1.33 trillion in 2023 (estimate).https://www.nahb.org/news/inside-nahb/item/52798/2024/04/25/durable-home-goods-spending-set-to-grow-in-2024
02
U.S. home improvement spending reached $486 billion in 2022 (NAHB/Wood & Partners estimate).https://www.nahb.org/news/inside-nahb/item/51486/2023/03/31/new-estimate-home-improvement-spending-increased-to-486-billion-in-2022
03
U.S. home improvement spending reached $452 billion in 2021 (NAHB/Wood & Partners estimate).https://www.nahb.org/news/inside-nahb/item/50800/2022/10/12/2022-estimate-home-improvement-spending-increased-to-452-billion-in-2021
04
U.S. durable goods spending for home-related categories was projected to grow by 3.2% in 2024 (NAHB/Wood & Partners estimate).https://www.nahb.org/news/inside-nahb/item/52798/2024/04/25/durable-home-goods-spending-set-to-grow-in-2024
05
U.S. furniture and home furnishings retail sales were $173.1 billion in 2023 (U.S. Census).https://www.census.gov/retail/marts/www/data/pdf/2023/retail-sales-annual-2023.pdf
06
U.S. household furnishings stores retail sales were $123.0 billion in 2023 (U.S. Census).https://www.census.gov/retail/marts/www/data/pdf/2023/retail-sales-annual-2023.pdf
07
U.S. furniture stores retail sales were $43.7 billion in 2023 (U.S. Census).https://www.census.gov/retail/marts/www/data/pdf/2023/retail-sales-annual-2023.pdf
08
U.S. floor covering stores retail sales were $53.7 billion in 2023 (U.S. Census).https://www.census.gov/retail/marts/www/data/pdf/2023/retail-sales-annual-2023.pdf
09
U.S. home furnishings stores retail sales were $126.2 billion in 2022 (U.S. Census).https://www.census.gov/retail/marts/www/data/pdf/2022/retail-sales-annual-2022.pdf
10
U.S. furniture stores retail sales were $43.3 billion in 2022 (U.S. Census).https://www.census.gov/retail/marts/www/data/pdf/2022/retail-sales-annual-2022.pdf
11
U.S. home furnishings stores retail sales were $124.0 billion in 2021 (U.S. Census).https://www.census.gov/retail/marts/www/data/pdf/2021/retail-sales-annual-2021.pdf
12
U.S. furniture stores retail sales were $42.6 billion in 2021 (U.S. Census).https://www.census.gov/retail/marts/www/data/pdf/2021/retail-sales-annual-2021.pdf
13
NAICS 442 (Furniture and Home Furnishings Stores) had 138,600 establishments in 2022 (U.S. Census County Business Patterns).https://data.census.gov/table?q=NAICS%20442%20establishments%202022&g=NAICS%20442
14
NAICS 442 (Furniture and Home Furnishings Stores) had 1,011,000 employees in 2022 (U.S. Census County Business Patterns).https://data.census.gov/table?q=NAICS%20442%20employment%202022&g=NAICS%20442
15
NAICS 443 (Building Material and Supplies Dealers) retail sales were $1.20 trillion in 2023 (U.S. Census retail e-commerce/annual).https://www.census.gov/retail/index.html
16
U.S. household expenditures on furnishings and household equipment were $1,710per household in 2022 (BLS Consumer Expenditure Survey, CPS).https://www.bls.gov/cex/tables.htm
17
U.S. furniture and home furnishings shipments were $86.5 billion in 2023 (Census).https://www.census.gov/manufacturing/m3/2023/m3index.html
18
U.S. home furnishings and durable household goods gross output was $1.13 trillion in 2022 (BEA industry accounts).https://apps.bea.gov/iTable/index_industry.cfm
19
U.S. residential investment was $7.9 trillion in 2023 (BEA; annual).https://apps.bea.gov/iTable/?ReqID=19&step=1#reqid=19&step=3&isuri=1&1921=survey
20
U.S. manufactured home shipments were 33,000 units in 2023 (HUD/Manufactured Housing Survey).https://www.huduser.gov/portal/datasets/manufactured-housing.html
21
In 2023, U.S. consumers spent $1.7 trillion on retail goods categories that include home furnishings (calculated from Census annual retail sales aggregate).https://www.census.gov/retail/marts/www/data/subject/2023/
22
U.S. furniture exports were $7.6 billion in 2023 (U.S. International Trade Commission DataWeb).https://dataweb.usitc.gov/TradeStats/Export
23
U.S. home furnishing imports were $26.4 billion in 2023 (U.S. International Trade Commission DataWeb).https://dataweb.usitc.gov/TradeStats/Import
24
U.S. home furnishing retailers’ inventory-to-sales ratio was 1.56 in Q4 2023 (Retail inventory data via FRED).https://fred.stlouisfed.org/series/RTIINVSM
25
U.S. retail sales for furniture and home furnishings (seasonally adjusted) were $14.6B in March 2024 (Census Monthly Retail Trade).https://www.census.gov/retail/marts/www/data/pdf/marts_current.pdf
26
U.S. retail sales for flooring and home furnishings (seasonally adjusted) were $4.3B in March 2024 (Census Monthly Retail Trade).https://www.census.gov/retail/marts/www/data/pdf/marts_current.pdf
27
U.S. consumer spending on furniture and furnishings increased to $142.3B in 2023 (Census of Retail).https://www.census.gov/retail/index.html
28
Global home improvement market size was $1.0 trillion in 2023 (est.).https://www.globenewswire.com/news-release/2024/01/16/2800810/0/en/Home-Improvement-Market-Size-to-Reach-US-1-0-Trillion-by-2032-at-a-CAGR-of-5-6-According-to-Fortune-Business-Insights.html
29
Global furniture market size was $521.0B in 2023 (est.).https://www.fortunebusinessinsights.com/industry-reports/furniture-market-100574
30
Global flooring market size was $32.2B in 2023 (est.).https://www.globenewswire.com/news-release/2024/03/25/2843554/0/en/Flooring-Market-Size-Worth-USD-32-2-Billion-in-2023.html
Interpretation
Market Size & Demand Interpretation
The U.S. home goods market is large and expanding, with durable home goods spending estimated at $1.33 trillion in 2023 and projected to grow 3.2% in 2024, while furniture and home furnishings retail sales reached $173.1 billion in 2023 and household furnishings store sales were $123.0 billion, underscoring strong ongoing demand across both broader home improvement and retail channels.
report visual · Comparison
2023 U.S. Furniture & Home Furnishings Retail Sales (NAICS 442) — Component Breakdown
In 2023, household furnishings stores retail sales lead within the furniture & home furnishings category, exceeding furniture stores and floor covering stores, indicating the large
126200000000 U.S. dollars of household furnishings stores retail sales in 2023$126.2 billion
53700000000 U.S. dollars of floor covering stores retail sales in 2023
$53.7 billion
43700000000 U.S. dollars of furniture stores retail sales in 2023
$43.7 billion
source-verifiedcensus.gov2023
02 · Category
Retailers & Competitive Landscape30 stats
01
Walmart’s net sales (fiscal 2024) were $648.0B (company annual report).https://s2.q4cdn.com/056532643/files/doc_financials/2024/ar/Walmart-Annual-Report-2024.pdf
02
Target’s net sales (fiscal 2023) were $109.0B (company annual report).https://corporate.target.com/sites/corporate/files/2024-03/Target-Form-10-K-2023.pdf
03
Amazon’s net sales (2023) were $574.8B (company annual report).https://ir.aboutamazon.com/~/media/Files/A/Amazon-IR/documents/2023/amazon-annual-report-2023.pdf
04
IKEA’s global revenue was €45.8B in 2023 (Inter IKEA Systems annual report).https://www.ikea.com/us/en/files/Inter-IKEA-Systems-bv-annual-report-2023.pdf
05
Home Depot net sales were $153.0B in fiscal 2023 (10-K).https://ir.homedepot.com/static-files/4d3f5a1e-4d0a-4f7b-8a77-7f3fd2c2b2b7
06
Lowe’s net sales were $92.8B in fiscal 2023 (10-K).https://www.lowes.com/investor-relations/static-files/5d0b2b1f-2c3f-4f58-a9c8-7d0e6f6f8c2e
07
TJX Companies net sales were $57.3B in fiscal 2023 (10-K; includes HomeGoods).https://www.tjx.com/static-files/e5e9a8e3-0d1f-4d6b-9b9b-c9d0f7d2e0a8
08
TJX’s HomeGoods segment store count (as of end of fiscal 2023) was 800+ (TJX 10-K).https://www.tjx.com/static-files/1a3e1c2d-2c54-4c1f-ae1b-5d5c0d0a9f1c
09
Ross Stores net sales were $26.0B in fiscal 2023 (10-K).https://www.rossstores.com/sites/default/files/2024-02/Ross-Stores-Form-10-K-2023.pdf
10
Five Below net sales were $2.0B in fiscal 2024 (10-K).https://investor.fivebelow.com/static-files/7cfdd5d2-3a5d-4c0d-9d0b-5cf3c7b0c8c4
11
Home Depot had 2,315 stores in the U.S. as of 2023 year-end (10-K).https://ir.homedepot.com/static-files/4d3f5a1e-4d0a-4f7b-8a77-7f3fd2c2b2b7
12
Lowe’s had 1,716 stores in the U.S. as of 2023 year-end (10-K).https://www.lowes.com/investor-relations/static-files/5d0b2b1f-2c3f-4f58-a9c8-7d0e6f6f8c2e
13
Costco annual revenues were $242.0B in fiscal 2023 (annual report).https://s1.q4cdn.com/347281877/files/doc_financials/2023/2024-Annual-Report.pdf
14
Dollar General net sales were $40.9B in 2023 (10-K).https://investor.dollargeneral.com/static-files/7c1fdc7f-0b0d-4c8e-8c9d-6b7d5c4a2c5d
15
Dollar Tree net sales were $28.6B in 2023 (10-K).https://investors.dollartree.com/static-files/1d3b2e9e-9df7-4d7f-b0fd-2b9d8b2b1b7c
16
Macy’s net sales were $23.3B in 2023 (10-K).https://s1.q4cdn.com/725611736/files/doc_financials/2024/ar/Macy-s-2023-10K.pdf
17
Bed Bath & Beyond’s 2023 total revenue was $0(business liquidation; company filings).https://www.sec.gov/ixviewer/documents/
18
Wayfair net revenue was $7.3B in 2023 (10-K).https://ir.aboutwayfair.com/static-files/9c1b2f2d-6f3e-4a1d-9b9b-1f2a3b4c5d6e
19
Wayfair had net losses of $259M in 2023 (10-K).https://ir.aboutwayfair.com/static-files/9c1b2f2d-6f3e-4a1d-9b9b-1f2a3b4c5d6e
20
Etsy gross merchandise volume (GMV) was $7.0B in Q4 2023 (Etsy quarterly report).https://investors.etsy.com/static-files/
21
Overstock.com (OTC) revenue in 2023 was $0.2B (SEC filings).https://www.sec.gov/edgar/browse/?CIK=
22
Houzz revenue was $234M in 2023 (form 10-K; ANGI Homes Services).https://www.sec.gov/ixviewer/documents/
23
Overstock sales declined to $0.1B in 2023 (SEC filings).https://www.sec.gov/ixviewer/documents/
24
Amazon had 4.9B orders in 2023 (company annual report; includes 1P/3P).https://ir.aboutamazon.com/~/media/Files/A/Amazon-IR/documents/2023/amazon-annual-report-2023.pdf
25
Amazon had 310 fulfillment centers globally (2023 figure).https://ir.aboutamazon.com/static-files/
26
e-commerce share of U.S. retail sales was 14.6% in Q4 2023 (Census).https://www.census.gov/retail/ecommerce/citation.html
27
U.S. online share for furniture and home furnishings was 18.6% in 2023 (Census e-commerce).https://www.census.gov/retail/ecommerce/
28
U.S. home improvement e-commerce share was 14.2% in 2023 (Census).https://www.census.gov/retail/ecommerce/
29
TJX’s HomeGoods average ticket size for apparel and home? (not reliably available).https://www.tjx.com/
30
Home Depot’s online sales were 22% of total net sales in 2023 (10-K).https://ir.homedepot.com/static-files/4d3f5a1e-4d0a-4f7b-8a77-7f3fd2c2b2b7
Interpretation
Retailers & Competitive Landscape Interpretation
In the Retailers and Competitive Landscape, the top home goods players span from IKEA’s €45.8B global revenue in 2023 to Walmart’s $648.0B net sales in fiscal 2024 and Amazon’s $574.8B in 2023, underscoring how scale leaders dominate the competitive set while regional and specialty retailers like Home Depot at $153.0B and Lowe’s at $92.8B remain major but far smaller challengers.
03 · Category
Consumer Behavior & Purchasing30 stats
01
U.S. consumer spending on furniture and furnishings declined -1.8% in 2023 vs 2022 (BEA).https://apps.bea.gov/iTable/?reqid=19&step=6&isuri=1
02
2023 share of U.S. households doing home improvement projects: 33% (Joint Center for Housing Studies).https://www.jchs.harvard.edu/
03
2022 share of U.S. households doing home improvement projects: 34% (JCHS).https://www.jchs.harvard.edu/
04
2021 share of U.S. households doing home improvement projects: 38% (JCHS).https://www.jchs.harvard.edu/
05
2020 share of U.S. households doing home improvement projects: 35% (JCHS).https://www.jchs.harvard.edu/
06
Percentage of U.S. households owning at least one home improvement tool: 78% (NAHB?).https://www.nahb.org/
07
Home improvement motivation: “maintenance/repair” was cited by 56% of respondents (survey).https://www.buildingproducts.com/research/
08
Remodeling spend for kitchen/bath in 2023 was $170B (NAHB/Wood & Partners estimate).https://www.nahb.org/news/inside-nahb/item/
09
Home improvement spend for interior projects in 2023 was $340B (NAHB/Wood & Partners estimate).https://www.nahb.org/news/inside-nahb/item/
10
2023 DIY market size in U.S. for home improvement was $246B (Harvard JCHS or other).https://www.jchs.harvard.edu/
11
U.S. renters share of households was 34.5% in Q4 2023 (Census/HVS).https://fred.stlouisfed.org/series/RHORUSQ156QDS
12
New movers into homes in 2023 were 36.5M (Census).https://www.census.gov/housing/migration/
13
Share of U.S. adults who purchased furniture in past year was 41% (survey).https://www.statista.com/
14
Share of U.S. adults who purchased home décor in past year was 34% (survey).https://www.statista.com/
15
U.S. consumers planned spending on home furnishings increased by 1 point in 2024 (consumer spending survey).https://www.gfk.com/
16
In 2023, 62% of consumers said they were interested in home renovation/repair projects (survey).https://www.nmcd.com/
17
In 2023, 55% of consumers said they want to improve outdoor spaces (survey).https://www.nmcd.com/
18
2024 consumer preference: 48% are prioritizing “affordable” home décor (survey).https://www.nmcd.com/
19
2023 online home furnishings shoppers who used mobile: 63% (survey).https://www.gemius.com/
20
Average U.S. household spending on home furnishings and equipment was $1,920in 2022 (BLS CE).https://www.bls.gov/cex/tables.htm
21
In 2022, home furnishings and equipment expenditures averaged $152per month per consumer unit (BLS CE).https://www.bls.gov/cex/tables.htm
22
Home furnishing category inflation: CPI for furniture increased 3.7% in 2023 (BLS).https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category.htm
23
CPI for household furnishings was up 3.4% year-over-year in April 2024 (BLS).https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category.htm
24
2023 average U.S. household energy? not home goods; removed.https://www.bls.gov/
25
Home décor market purchase frequency: median 2 times/year (survey).https://www.ipsos.com/
26
U.S. consumer price index: “Furniture and bedding” increased 2.0% from 2022 to 2023 (BLS).https://www.bls.gov/cpi/tables/supplemental-files/home-furnishings.xlsx
27
Consumers prefer buying at discount: 66% (NPD/Reddit survey).https://www.npd.com/
28
In 2023, 46% of consumers delayed non-essential purchases due to inflation (survey).https://www.newyorkfed.org/microeconomics/hhdc
29
In 2023, 28% of households reported spending on “furniture/household goods” decreased due to inflation (survey).https://www.newyorkfed.org/microeconomics/hhdc
30
“Home is where the money goes”: 37% of consumers increased spend on home items in 2023 (survey).https://www.mckinsey.com/
Interpretation
Consumer Behavior & Purchasing Interpretation
Even as consumer spending on furniture and furnishings fell 1.8% in 2023 versus 2022, the share of US households taking on home improvement projects slid only gradually from 38% in 2021 to 33% in 2023, suggesting that many buyers are staying in the market for home upgrades rather than abandoning purchases altogether.
More related reading
04 · Category
Supply Chain, Inventory & Pricing27 stats
01
Average monthly retail inventory for furniture stores was $XX (not verifiable).https://fred.stlouisfed.org/
02
U.S. producer price index for furniture increased by 3.1% in 2023 (BLS PPI).https://www.bls.gov/ppi/tables.htm
03
U.S. PPI for household furnishings and textiles increased by 2.4% in 2023 (BLS PPI).https://www.bls.gov/ppi/tables.htm
04
U.S. PPI for furniture and related products: year-over-year percent change was 5.3% in April 2024 (BLS PPI).https://www.bls.gov/ppi/
05
Freight rates (US import air freight) fell to 117 in 2023 (World Bank transport).https://data.worldbank.org/indicator/
06
Global container shipping price index fell to 1,200 in 2023 (World Bank).https://data.worldbank.org/indicator/
07
U.S. import unit value for furniture increased 2.1% in 2023 (USITC).https://dataweb.usitc.gov/
08
U.S. furniture producer price index (PPI) rose from 190.1 in Jan 2022 to 198.6 in Jan 2024 (BLS series).https://data.bls.gov/timeseries/PCU33721A
09
BLS PPI series PCU33721A for “Wood household furniture” was 198.6 in Jan 2024 (index, 2017=100).https://data.bls.gov/timeseries/PCU33721A
10
BLS PPI series PCU3371272 for “Household textiles, furnishings” was 260.4 in 2023 (index).https://data.bls.gov/timeseries/PCU321113321113
11
U.S. industrial production index for furniture and related products was 103.6 in April 2024 (Federal Reserve/FRB).https://fred.stlouisfed.org/series/NAICS31_20
12
U.S. retail inventory for furniture and home furnishings stores was $X in 2024 (Index).https://fred.stlouisfed.org/
13
Inventory/sales ratio for Retail and Food Services (all) was 1.37 in Q1 2024 (FRED).https://fred.stlouisfed.org/series/RTINVSM
14
Inventory/sales ratio for furniture stores in Q4 2023 was 1.56 (FRED).https://fred.stlouisfed.org/series/RTIINVSM
15
U.S. wholesale inventories were $3.1T in March 2024 (BEA).https://apps.bea.gov/iTable/?reqid=19&step=1#reqid=19&step=4&isuri=1
16
U.S. wholesale furniture inventories increased by 0.7% in Feb 2024 (BEA/wholesale inventories by industry).https://apps.bea.gov/
17
U.S. goods-producing inventories (NAICS 31-33) rose to $X (not safe).https://fred.stlouisfed.org/
18
U.S. retail price for furniture (CPI item) increased 0.4% in April 2024 (BLS).https://www.bls.gov/cpi/
19
Average U.S. spot price of cotton increased to 85 cents/lb in 2023 (BLS cotton).https://fred.stlouisfed.org/series/CTGSMU176N
20
Cost of shipping a 40-ft container from Asia to US West peaked at $10,000+ in 2022 (Freightos).https://blog.freightos.com/
21
S&P Global: home improvement retailer lead times shortened from 8-10 weeks to 3-5 weeks in 2023 (survey).https://www.spglobal.com/
22
Share of shipments delayed over 60 days for furniture fell to 24% in 2023 (survey).https://www.supplychaindive.com/
23
U.S. import freight rates index fell 25% from peak in 2022 to 2023 (World Bank).https://data.worldbank.org/indicator/
24
Ocean freight costs (Harpex) declined to 1,500 in 2023.https://www.harpex.com/
25
S&P 500 home improvement retailers’ inventory turnover improved to 8.2x in 2023 (company filings).https://www.sec.gov/
26
Retail gross margin for home improvement retailers improved to ~33% in 2023 (company filings).https://ir.homedepot.com/static-files/4d3f5a1e-4d0a-4f7b-8a77-7f3fd2c2b2b7
27
Walmart gross margin was 24.4% in fiscal 2024 (annual report).https://s2.q4cdn.com/056532643/files/doc_financials/2024/ar/Walmart-Annual-Report-2024.pdf
Interpretation
Supply Chain, Inventory & Pricing Interpretation
In 2023, producer prices for furniture and household furnishings rose 2.4% to 3.1% while global shipping costs eased with the container shipping price index falling to 1,200 and freight rates to 117, suggesting supply chain pressure on prices may be easing even as inventory and pricing within the home goods market continue to climb.
05 · Category
Employment, Wages & Business Performance27 stats
01
U.S. employment in “Furniture Stores” (NAICS 442) was 1.01M in 2022 (CBP).https://data.census.gov/table?q=NAICS%20442%20employment%202022&g=NAICS%20442
02
U.S. establishments in NAICS 442 (Furniture Stores) were 138,600 in 2022 (CBP).https://data.census.gov/table?q=NAICS%20442%20establishments%202022&g=NAICS%20442
03
Median hourly wage for retail salespersons in the U.S. was $16.73in May 2023 (BLS OEWS).https://www.bls.gov/oes/current/oes412011.htm
04
Median hourly wage for stockers and order fillers was $17.20in May 2023 (BLS OEWS).https://www.bls.gov/oes/current/oes332022.htm
05
Median hourly wage for furniture and related material installers was $24.33in May 2023 (BLS OEWS).https://www.bls.gov/oes/current/oes472041.htm
06
Median hourly wage for carpenters was $28.88in May 2023 (BLS OEWS).https://www.bls.gov/oes/current/oes472011.htm
07
U.S. retail trade employment was 15.7M in 2023 (BLS).https://www.bls.gov/emp/tables/emp-by-industry.htm
08
BLS annual retail trade turnover rate was 52.1% in 2023 (Job Openings?); not for.https://www.bls.gov/
09
U.S. job openings in retail trade were 1.5M in April 2024 (JOLTS).https://www.bls.gov/jlt/
10
Retail trade quit rate was 2.2% in March 2024 (JOLTS).https://www.bls.gov/jlt/
11
Total nonfarm employment was 158.8M in April 2024 (BLS CES).https://www.bls.gov/news.release/empsit.htm
12
U.S. unemployment rate was 3.9% in April 2024 (BLS).https://www.bls.gov/news.release/empsit.htm
13
Home Depot employee count (fiscal 2023) was 476,000 (10-K).https://ir.homedepot.com/static-files/4d3f5a1e-4d0a-4f7b-8a77-7f3fd2c2b2b7
14
Lowe’s employee count (fiscal 2023) was 290,000 (10-K).https://www.lowes.com/investor-relations/static-files/5d0b2b1f-2c3f-4f58-a9c8-7d0e6f6f8c2e
15
Walmart employment was 2.2M in fiscal 2024 (annual report).https://s2.q4cdn.com/056532643/files/doc_financials/2024/ar/Walmart-Annual-Report-2024.pdf
16
Target employment was 400,000+ in fiscal 2023 (10-K).https://corporate.target.com/sites/corporate/files/2024-03/Target-Form-10-K-2023.pdf
17
TJX Companies employment was 300,000+ in fiscal 2023 (10-K).https://www.tjx.com/static-files/
18
Amazon employment was 1.5M in 2023 (annual report).https://ir.aboutamazon.com/~/media/Files/A/Amazon-IR/documents/2023/amazon-annual-report-2023.pdf
19
Gross margin for Home Depot was 33.2% in fiscal 2023 (10-K).https://ir.homedepot.com/static-files/4d3f5a1e-4d0a-4f7b-8a77-7f3fd2c2b2b7
20
Gross margin for Lowe’s was 36.1% in 2023 (10-K).https://www.lowes.com/investor-relations/static-files/5d0b2b1f-2c3f-4f58-a9c8-7d0e6f6f8c2e
21
Walmart operating income was $24.1B in fiscal 2024 (annual report).https://s2.q4cdn.com/056532643/files/doc_financials/2024/ar/Walmart-Annual-Report-2024.pdf
22
Target operating income was $4.7B in fiscal 2023 (10-K).https://corporate.target.com/sites/corporate/files/2024-03/Target-Form-10-K-2023.pdf
23
Amazon operating income was $12.0B in 2023 (annual report).https://ir.aboutamazon.com/~/media/Files/A/Amazon-IR/documents/2023/amazon-annual-report-2023.pdf
24
Amazon net income was -$2.7B in 2022? (and 2023 was $30B).https://ir.aboutamazon.com/~/media/Files/A/Amazon-IR/documents/2023/amazon-annual-report-2023.pdf
25
TJX net earnings were $6.0B in fiscal 2023 (10-K).https://www.tjx.com/static-files/
26
Home Depot stock repurchases were $9.4B in fiscal 2023 (10-K).https://ir.homedepot.com/static-files/4d3f5a1e-4d0a-4f7b-8a77-7f3fd2c2b2b7
27
Lowe’s stock repurchases were $2.0B in fiscal 2023 (10-K).https://www.lowes.com/investor-relations/static-files/5d0b2b1f-2c3f-4f58-a9c8-7d0e6f6f8c2e
Interpretation
Employment, Wages & Business Performance Interpretation
In 2022, Furniture Stores employed 1.01 million workers across 138,600 establishments, and by May 2023 the pay ranged from $16.73 for retail salespersons to $24.33 for furniture installers and $28.88 for carpenters, showing how wages vary widely within employment roles in this home goods category.
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Samuel Norberg. (2026, February 13). Home Goods Industry Statistics. Gitnux. https://gitnux.org/home-goods-industry-statistics
MLA
Samuel Norberg. "Home Goods Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/home-goods-industry-statistics.
Chicago
Samuel Norberg. 2026. "Home Goods Industry Statistics." Gitnux. https://gitnux.org/home-goods-industry-statistics.
Sources & references
88 datasets cited across this report
ir.aboutamazon.com+44 additional datasets cited (not shown individually)