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CPA Fall Meeting Registration Ongoing

Registration continues for CPA’s 2025 Fall Meeting from September 21-23 at the Hyatt Regency in Austin, Texas. The scenic venue is 10 miles from Austin–Bergstrom International Airport. Hotel reservations can be made at the discounted room rate of $259 per night through September 3 or until the room block is filled, whichever comes first. Information regarding the meeting,

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U.S. Construction Spending Slips in May

U.S. construction spending in May was estimated at a seasonally adjusted annual rate of $2.14 trillion, down 0.3% from April and 3.5% lower than the same month in 2024. Private spending fell 0.5% from April to $1.63 trillion and was off 5.4% from May 2024. Residential expenditures decreased 0.5% to $888.9 billion and shrank 6.7%

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June U.S. Manufacturing Index Improves

The seasonally adjusted S&P Global U.S. Manufacturing Purchasing Managers’ Index (PMI) for June was 52.9, up 0.9 points from May and marking the highest reading in three years. Manufacturers reported an increase in production, new orders, and employment as they build up inventory ahead of potential tariff issues. The PMI index comprises five sub-indices tracking

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Canadian Manufacturing Index Weak in June

In June, the seasonally adjusted S&P Global Canada Manufacturing Purchasing Managers’ Index (PMI) was 45.6, decreasing 0.5 points from May and remaining below 50 for the fifth consecutive month. Manufacturers reported the sharpest decrease in production in five years. New orders, output, and employment also declined due to tariffs. The PMI index comprises five sub-indices

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Mexico Manufacturing Index Remains Low

The June seasonally adjusted S&P Global Mexico Manufacturing Purchasing Managers’ Index (PMI) was 46.3, dipping 0.4 points from May and marking the twelfth consecutive month below 50. Manufacturers reported a falloff in new orders, production, and employment amid tariff declarations. The PMI index comprises five sub-indices tracking changes in new orders, output, employment, suppliers’ delivery

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Roseburg Names New Leadership

Roseburg, Springfield, OR, announced two key appointments to its leadership team with the departure of COO, Tom Hamill. Matt Holt has been named the new Vice President of Manufacturing and Services. He brings extensive experience from his previous roles within Roseburg, most recently as Senior Director of Manufacturing. Additionally, Alexandre Ouellette has been promoted to

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U.S. New Home Sales Weaken in May

U.S. sales of new single-family homes in May were at a seasonally adjusted annual rate of 623,000, down 13.7% from April and 6.3% lower than the comparable month in 2024. The seasonally adjusted estimate of new homes for sale in May was 507,000, indicating a 9.8-month supply at the existing sales rate. This represents an

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Harvard Releases 2025 State of U.S. Housing Market Report

Existing home sales were at a 30-year low at the end of 2024 due to high home prices, interest rates, property taxes, and insurance premiums, according to the recently released State of the U.S. Housing Market 2025 report by the Joint Center for Housing Studies of Harvard University. Single-family home construction rose 7% in 2024

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CPA Fall Meeting Registration Ongoing

Registration continues for CPA’s 2025 Fall Meeting from September 21-23 at the Hyatt Regency in Austin, Texas. The scenic venue is 10 miles from Austin–Bergstrom International Airport. Hotel reservations can be made at the discounted room rate of $259 per night through September 3 or until the room block is filled, whichever comes first. Information regarding the meeting,

Read More »

U.S. Construction Spending Slips in May

U.S. construction spending in May was estimated at a seasonally adjusted annual rate of $2.14 trillion, down 0.3% from April and 3.5% lower than the same month in 2024. Private spending fell 0.5% from April to $1.63 trillion and was off 5.4% from May 2024. Residential expenditures decreased 0.5% to $888.9 billion and shrank 6.7%

Read More »

June U.S. Manufacturing Index Improves

The seasonally adjusted S&P Global U.S. Manufacturing Purchasing Managers’ Index (PMI) for June was 52.9, up 0.9 points from May and marking the highest reading in three years. Manufacturers reported an increase in production, new orders, and employment as they build up inventory ahead of potential tariff issues. The PMI index comprises five sub-indices tracking

Read More »

Canadian Manufacturing Index Weak in June

In June, the seasonally adjusted S&P Global Canada Manufacturing Purchasing Managers’ Index (PMI) was 45.6, decreasing 0.5 points from May and remaining below 50 for the fifth consecutive month. Manufacturers reported the sharpest decrease in production in five years. New orders, output, and employment also declined due to tariffs. The PMI index comprises five sub-indices

Read More »

Mexico Manufacturing Index Remains Low

The June seasonally adjusted S&P Global Mexico Manufacturing Purchasing Managers’ Index (PMI) was 46.3, dipping 0.4 points from May and marking the twelfth consecutive month below 50. Manufacturers reported a falloff in new orders, production, and employment amid tariff declarations. The PMI index comprises five sub-indices tracking changes in new orders, output, employment, suppliers’ delivery

Read More »

Roseburg Names New Leadership

Roseburg, Springfield, OR, announced two key appointments to its leadership team with the departure of COO, Tom Hamill. Matt Holt has been named the new Vice President of Manufacturing and Services. He brings extensive experience from his previous roles within Roseburg, most recently as Senior Director of Manufacturing. Additionally, Alexandre Ouellette has been promoted to

Read More »

U.S. New Home Sales Weaken in May

U.S. sales of new single-family homes in May were at a seasonally adjusted annual rate of 623,000, down 13.7% from April and 6.3% lower than the comparable month in 2024. The seasonally adjusted estimate of new homes for sale in May was 507,000, indicating a 9.8-month supply at the existing sales rate. This represents an

Read More »

Harvard Releases 2025 State of U.S. Housing Market Report

Existing home sales were at a 30-year low at the end of 2024 due to high home prices, interest rates, property taxes, and insurance premiums, according to the recently released State of the U.S. Housing Market 2025 report by the Joint Center for Housing Studies of Harvard University. Single-family home construction rose 7% in 2024

Read More »
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