Flooring bears the brunt of consumer cutbacks
The flooring market has suffered almost twice as badly as furniture and furnishings since the boom ended.
Analysis of the Office for National Statistics' Family Spending reports reveals that while households spent an average of £717.60 on furniture, furnishings and flooring in 2011, this was a drop of 12.1% (£98.80) on 2005.
If spending had kept pace with inflation it would have been £1,013.96 – a difference of 29.2%.
In 2005 spending on furniture and furnishings was £650 per household, 14.4% higher than last year. With inflation spending would have been 29.2% higher.
Spending on flooring in 2011 was 24.4% lower at £161.20. If it had kept pace with inflation it would have been £264.79 – 39.1% higher than it actually was.