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Economy takes a bite out of furniture market
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Published: November 3, 2009
HIGH POINT - The economic downturn and credit crunch took an expected, but smaller, toll on registration at last month's High Point Market.
The High Point Market Authority reported today that total registration was 75,329 — down 1 percent from both the April 200 and October 2008 events.
The number does not mean that everyone who registered attended. The spring market is typically the better-attended of the two shows.
The authority reported that the number of registered buyers and designers was down 1 percent to 43,895. There were 2,635 buyers registered for the first time.
By comparison, the rival Las Vegas market has said it had "a 50,000 historical registration average," although it said on Oct. 5 that registration was up 12 percent at its September event compared with the same event in July 2008.
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