Stump M&A team talks furniture industry turmoil on BOH Podcast

As of July 2022, employment has risen 528,000 according to the U.S. Bureau of Labor Statistics. In fact, the unemployment rate is the best its been since February 2020. What does this mean for the furniture industry?

Mergers and acquisitions (M&A) are key to a healthy economy, and the furniture industry is no exception. Over the past five years, M&A transactions have played a significant role in the evolution of the furniture industry, and they will continue to shape its future for years to come.

Tim Stump considers the challenges alongside many of the positives in today’s economy.

Nearly 50 years ago Charlotte businessman Ralph Stump founded The Stump Companies with a clear mission to provide owners of the furniture industries with real estate transactions and trusted, smart and confidential financial leadership overseeing mergers and acquisitions.