Latest / Stagflation Conversations with Fexingo: High Inflation, Slow Growth, and 1970s Echoes
How Stagflation Is Reshaping the Office Furniture Market
Episode 125 digs into a surprising casualty of the current stagflationary economy: the office furniture industry. With the S&P 500 down 0.8% over five days and core PCE still rising at 130.1, companies are slashing capital expenditures on physical office spaces. Lucas and Luna explore how commercial real estate vacancies are crushing demand for desks and chairs, while the pre-owned furniture market booms. They cite a 40% drop in new office furniture orders since 2022 and a 200% surge in refurbished cubicle sales. The hosts also examine how manufacturers like Steelcase are pivoting to…
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