Tuesday, October 17, 2017

What is one of the largest economic events in NC each year?

The High Point Market is in high gear this week.  This is one of the largest economic events in North Carolina each year and has been for a number of years.

In 2013, Duke University conducted an economic study on the furniture market...from the report, the authors said:

"Overall, this report indicates that the High Point Market has a significant economic and fiscal impact on the 30 county study region of North Carolina and south central Virginia. Overall, the Market generates over $5.39 billion in total economic output across all types of activities modeled here, including visitor spending, direct HPMA budget, vendor spending, sales of furnishings and rental income. The Market supports a total of 37,616 jobs across all the industry sectors stimulated. Of the total of 21,461 direct jobs created by Market related activities, the largest share accrues to manufacturing and related sectors (i.e. distribution, accessories). These are jobs supported due to sales of furniture and related accessories that can be directly tied to transactions made at the Market."
 
To celebrate the furniture market, we ran across this article...Tips for Decorating Rooms That Are Long and Narrow - it has some good ideas that we get questions regularly about.

Here is some more information concerning the High Point Furniture Market - it is an impressive event twice per year.

We get a lot of questions about interior design..happy to share with you folks we know who are really good at it if you have interest.

Thanks!


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