Opening Bell: August 25, 2025

Market Impact - The furniture industry anticipates a negative impact on stocks of companies like RH, William Sonoma, and Wayfair due to potential tariffs and bringing production back to the US [1] - The industry recognizes that consumers prefer inexpensive products, suggesting that bringing production back to the US could lead to higher costs [3] Production and Labor - Companies have concerns about the feasibility of bringing manufacturing back to the US, including workforce availability and the need for specialized training [2][3] - The furniture industry acknowledges the difficulty in reversing the trend of overseas production, as companies like Wayfair have successfully leveraged it to reduce costs [3]