The CPA Board of Directors recently voted to approve the following Associate Member. American Renolit Corporation, La Porte, IN, manufactures a diverse range of decorative surface lamination films for interior applications. The primary member representative is Lana Cella, Product Manager. See American Renolit Corporation More Info: Jeannie Ervin
Sauder Woodworking, based in Archbold, OH, announced the launch of Sauder Supply this week. Sauder Supply will manufacture and sell a diverse array of laminate wood products, including components for cabinetry, closets, and office furniture. See Sauder Supply and Sauder
U.S. wood product manufacturing sales in the second quarter of 2024 increased 6.8% from Q1 to $26.4 billion but dropped 10.7% from the same period last year. After-tax profits grew 29.9% to $2.0 billion from the prior three months but were 28.9% lower than Q2 2023. Furniture sales rose 6.2% from Q1 to $17.2 billion
U.S. housing starts in August were at a seasonally adjusted annual rate of 1.36 million, increasing 9.6% from July and 3.9% higher than the comparable month last year. Single-family starts grew 15.8% to 992,000 in August. U.S. building permits were at a seasonally adjusted annual rate of 1.48 million, climbing 4.9% from July but down
U.S. builder confidence for new single-family homes grew two points in September to 41, marking the first increase in five months, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). NAHB reported that lower mortgage rates improved builders’ outlook. The HMI component that tracks current sales was up one point
The American Institute of Architects (AIA) Economics & Market Research Group’s Architecture Billings Index (ABI) decreased 2.5 points to 45.7 in August, and design contracts rose 0.8 points to 47.3. August billings were below 50 in all sectors and all geographic regions, with a third of firms expecting revenue to improve by the end of
The monthly standalone seasonally adjusted annual rate (SAAR) of Canadian housing starts in August was 217,405 units, 22.3% lower than July. The SAAR of urban starts in August was down 23.6% from the previous month at 199,478. Multiple urban starts fell 28.9% to 154,290, whereas single-family levels rose 2.8% from July to 45,188. The six-month
In July, the seasonally adjusted Canadian wood product sales were $2.9 billion (CAD), 4.8% lower than June and 5.8% down from the comparable month last year. Sales of furniture and related products totaled $1.3 billion, up 1.4% from June but decreasing 2.4% from July 2023. Canadian manufacturing sales for all industries were $71.0 billion, increasing
Canadian building construction investment dropped 1.7% from June to $20.9 billion (CAD) in July. Residential construction spending fell 2.2% to $14.6 billion. Seasonally adjusted single-family investment was 2.2% lower than June at $6.7 billion, and multi-unit levels decreased 2.2% to $7.9 billion in July. Non-residential totals were $6.3 billion, down 0.4% from June. See Statistics Canada
CPA joined 53 national associations in supporting the No Industrial Restrictions in Secret (NO IRIS) Act of 2024 (S. 3724/H.R. 7284) this week. The bill seeks to prohibit EPA from using Integrated Risk Information System (IRIS) assessments for regulatory decisions. The IRIS program, which lacks Congressional authorization, has previously influenced some of EPA’s chemical use
The CPA Board of Directors recently voted to approve the following Associate Member. American Renolit Corporation, La Porte, IN, manufactures a diverse range of decorative surface lamination films for interior applications. The primary member representative is Lana Cella, Product Manager. See American Renolit Corporation More Info: Jeannie Ervin
Sauder Woodworking, based in Archbold, OH, announced the launch of Sauder Supply this week. Sauder Supply will manufacture and sell a diverse array of laminate wood products, including components for cabinetry, closets, and office furniture. See Sauder Supply and Sauder
U.S. wood product manufacturing sales in the second quarter of 2024 increased 6.8% from Q1 to $26.4 billion but dropped 10.7% from the same period last year. After-tax profits grew 29.9% to $2.0 billion from the prior three months but were 28.9% lower than Q2 2023. Furniture sales rose 6.2% from Q1 to $17.2 billion
U.S. housing starts in August were at a seasonally adjusted annual rate of 1.36 million, increasing 9.6% from July and 3.9% higher than the comparable month last year. Single-family starts grew 15.8% to 992,000 in August. U.S. building permits were at a seasonally adjusted annual rate of 1.48 million, climbing 4.9% from July but down
U.S. builder confidence for new single-family homes grew two points in September to 41, marking the first increase in five months, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). NAHB reported that lower mortgage rates improved builders’ outlook. The HMI component that tracks current sales was up one point
The American Institute of Architects (AIA) Economics & Market Research Group’s Architecture Billings Index (ABI) decreased 2.5 points to 45.7 in August, and design contracts rose 0.8 points to 47.3. August billings were below 50 in all sectors and all geographic regions, with a third of firms expecting revenue to improve by the end of
The monthly standalone seasonally adjusted annual rate (SAAR) of Canadian housing starts in August was 217,405 units, 22.3% lower than July. The SAAR of urban starts in August was down 23.6% from the previous month at 199,478. Multiple urban starts fell 28.9% to 154,290, whereas single-family levels rose 2.8% from July to 45,188. The six-month
In July, the seasonally adjusted Canadian wood product sales were $2.9 billion (CAD), 4.8% lower than June and 5.8% down from the comparable month last year. Sales of furniture and related products totaled $1.3 billion, up 1.4% from June but decreasing 2.4% from July 2023. Canadian manufacturing sales for all industries were $71.0 billion, increasing
Canadian building construction investment dropped 1.7% from June to $20.9 billion (CAD) in July. Residential construction spending fell 2.2% to $14.6 billion. Seasonally adjusted single-family investment was 2.2% lower than June at $6.7 billion, and multi-unit levels decreased 2.2% to $7.9 billion in July. Non-residential totals were $6.3 billion, down 0.4% from June. See Statistics Canada
CPA joined 53 national associations in supporting the No Industrial Restrictions in Secret (NO IRIS) Act of 2024 (S. 3724/H.R. 7284) this week. The bill seeks to prohibit EPA from using Integrated Risk Information System (IRIS) assessments for regulatory decisions. The IRIS program, which lacks Congressional authorization, has previously influenced some of EPA’s chemical use
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