NC in the Global Economy
The Economic Impact of the High Point Market
October 2013 | Durham, NC | Lukas Brun, Bill LesterThe Center on Globalization, Governance & Competitiveness at Duke University was engaged by the High Point Market Authority (HPMA) to conduct a comprehensive economic and fiscal impact of the High Point Market located in High Point, NC. The Market, conducted bi-annually, is the largest home furnishings market in the world and attracts over 75,000 visitors each market session who descend on High Point and its environs to buy, sell and market a wide variety of furniture, accessories, and design services. Beyond attracting a large number of visitors from outside the state, the Market serves a critical function for the broader furnishings industry and is a key node in the overall furniture industry’s value chain. In particular, it is widely known by local stakeholders that a large portion of the sales contacts and transactions for local manufacturing companies are initiated and negotiated at the Market.
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The Furniture Value Chain in North Carolina
October 2013 | Durham, NC | Lukas Brun, Giulio Buciuni, Stacey Frederick, Gary GereffiThis research was sponsored by the High Point Market Authority.