--Furniture Buying Index surges two points promising strong Labor Day weekend sales--

Charleston, SC August 1, 2003 – The Furniture Buying Index is up two points this month to a reading of 83. This upward turn is optimistic for furniture retailers to have strong sales over Labor Day weekend.

Britt Beemer, Chairman of America’s Research Group, said, “with Labor Day weekend the most important weekend for furniture retailers, furniture sales will be promising for the upcoming season.” Beemer continues, “we should have a strong Labor Day and excellent sales in September and October.”

Beemer added, “This is the best news furniture retailers could have at this time of year.”

The Furniture Buying Index is compiled each month by America's Research Group from interviews with 5,000-8,000 consumers across the country. In a typical month, 80 percent of the consumers interviewed can name a specific furniture item they intend to buy. The Index's mark signifies what percent of the benchmark 80% actually have a particular item in mind.

Britt Beemer is chairman of America's Research Group, a full-service consumer behavior research company based in Charleston, SC. ARG provides research and strategic planning services to leading manufacturers and retailers of consumer goods across North America.

For more information call:
C. Britt Beemer

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