Policy Matters

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Home Furnishings Association
The OBBBA Breakdown: What the New Act Means for Furniture Retailers

As the political and economic landscape shifts in 2025, the newly enacted One Big Beautiful Bill Act (OBBBA) draws close attention from home furnishings retailers nationwide. President Trump signed into law on July 4, sweeping legislation bundling tax reforms, trade adjustments, and regulatory changes that will directly and indirectly impact

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Home Furnishings Association
Advocacy Update: Week Ending 6.27.25

Critical Deadlines Looming: What Retailers Need To Know Right Now A lot is happening on the trade front right now—and if you’re in the home furnishings business, it’s more than background noise. From new Section 232 tariffs on copper, lumber, and steel products to an approaching July 9 deadline that could

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Home Furnishings Association
6/5/25 Trade Update: Relief, Rulings, and Rising Tariffs

The trade landscape continues to bring relief and uncertainty to the home furnishings industry. From temporary tariff extensions to landmark court rulings and newly announced increases in steel and aluminum tariffs, here’s what HFA members need to know right now: 🚢 Tariff Relief Extended — But for How Long? In

Home Furnishings Association
From Trade Tariffs to Tax Reform – HFA Advocates in D.C.

Key Takeaways from HFA’s Washington, D.C. Fly-In Last week, leaders from the Home Furnishings Association (HFA) met in Washington, D.C., for a strategic fly-in event designed to elevate the voice of furniture retailers on Capitol Hill. In a series of high-impact meetings with lawmakers, policymakers, and trade officials, HFA members

A document on a desk that reads Trump's Tax Plan.
Home Furnishings Association
How Trump’s Tax Reform Plan Could Reignite U.S. Business Growth

In a compelling op-ed for InsideSources, former U.S. Representative Drew Ferguson (R-GA) emphasizes that President Trump’s renewed tax reform agenda isn’t just about cutting taxes but about unleashing American enterprise’s full potential. Drawing from his experience on the House Committee on Ways and Means, Ferguson underscores how lowering the corporate

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Home Furnishings Association
Navigating Tariff Reductions and What It Means for Your Business

On Monday, the White House announced a significant development in tariffs: the United States and China have agreed to a 90-day tariff cease-fire, reducing import levies and providing temporary relief for supply chains ahead of the back-to-school and holiday shopping seasons. The U.S. will cut its tariff on Chinese goods

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Home Furnishings Association
Trump’s First 100 Days: What It Means for the Home Furnishings Industry

As President Trump marks his first 100 days in office, the home furnishings industry, like many other industries, is closely watching the ripple effects of sweeping policy changes. From federal agency shakeups to aggressive trade stances and regulatory rollbacks, Trump’s early moves are reshaping the economic landscape for retailers and

A brightly lit furniture store interior in summer, showcasing a modern living room setup. A Caucasian male retail manager in his 40s, wearing a blue button-down shirt and glasses, points to a digital display outlining 'Top strategies for furniture retailers' to a diverse group of employees. Make digital display in the foreground and people in the background
Home Furnishings Association
Winning in Tough Times: Todd Wanek’s Top Strategies for Retailers

Conversation with Todd Wanek, Ashley Furniture Industries- PART 2 In Part 1 of our conversation with Ashley Furniture Industries CEO Todd Wanek, we tackled big-picture topics like tariffs, supply chains, and U.S. manufacturing. In Part 2, Wanek speaks directly to home furnishings retailers, offering top strategies for retailers to stay

Home Furnishings Association
Todd Wanek Tackles Tariffs, Supply Chains, and U.S. Manufacturing

Few leaders are as pivotal or outspoken in a transformative era for home furnishings as Todd Wanek, President and CEO of Ashley Furniture Industries. As the 2025 Trailblazer Award recipient from the Home Furnishings Association (HFA), Wanek recently joined HFA to share his perspective on the furniture industry’s current state

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Home Furnishings Association
2025 Retail Outlook: Steady Growth Amid Shifting Consumer Sentiment

As home furnishings retailers and manufacturers plan for the year ahead, there’s cautious optimism on the horizon. According to the National Retail Federation’s (NRF) latest 2025 Retail Outlook forecast,  retail sales in 2025 are expected to grow between 2.7% and 3.7% over 2024, totaling between $5.42 trillion and $5.48 trillion.

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