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October Home Sales Rise Slightly

U.S. sales of new single-family homes in October were at a seasonally adjusted annual rate of 745,000, up 0.4% from September but down 23.1% from the comparable month last year. The seasonally adjusted estimate of new homes for sale at the end of October was 389,000, representing a 6.3-month supply at the current sales rate.

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Furniture Orders Strong through September

U.S. residential furniture factory orders in September dropped 20% from the comparable month in 2020 but were 15% higher than the same month in 2019. Year-to-date orders rose 21% over the first nine months of 2020 and grew 32% from 2019. Furniture shipments grew 4% over September 2020 and year-to-date totals increased 30% from the

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CPA Virtual Fall Meeting General Session Held October 19

CPA hosted a virtual General Session of the Fall Meeting on October 19th, a peer-led panel titled “Navigating Business Beyond a Pandemic from the CPA Member Perspective.” The panel included Erik Christensen, Swiss Krono; Bernhard Ebner, Egger; Tammy Polovic, Omnova Solutions; and Elliott Savage, Seemac. CPA Vice Chairman, Steve Carroll of Arauco moderated this session

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U.S. Housing Starts Down in September

U.S. housing starts in September were at a seasonally adjusted annual rate of 1.56 million, decreasing 1.6% from the revised August estimate but 7.4% higher than the comparable month in 2020. Single-family housing starts were nearly even with August at 1.08 million. U.S. building permits in September were at a seasonally adjusted annual rate of

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U.S. Builder Confidence Improves in October

U.S. builder confidence for new single-family homes in October increased four points from September to 80, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions grew five points to 87 and the measurement of sales expectations in the next six months rose three points

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Benjamin Moore Announces 2022 Color of the Year

The 2022 choice for the Benjamin Moore “Color of the Year” is October Mist, a gray green that is said to anchor a space while encouraging freedom of expression through color. Other major paint manufacturers, Behr, PPG and Sherwin Williams, also previously announced gray-green shades as colors of the year for 2022. See Benjamin Moore

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Manufacturing Shipments Mixed in August

Seasonally adjusted shipments for all U.S. manufacturing industries in August rose 0.1% from July to $508.25 billion. Wood product shipments were down 1.1% in August to $11.31 billion compared to the prior month. Shipments of furniture and related products rose 0.5% from July to $5.99 billion. New orders for all U.S. manufacturing grew 1.2% from

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U.S. Furniture Sales Continue to Rise in December

U.S. residential furniture factory orders in December 2020 rose 27% above the comparable month in 2019 with nearly 84% of manufacturers reporting increases, according to a recent survey of manufacturers and distributors. A strong December helped annual orders top 2019 by 15%. Furniture shipments were up 5% over December 2019 but ended 2020 6% lower

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Canadian Manufacturing Down in November

Seasonally adjusted Canadian wood product sales in November 2020 were $3.32 billion (CAD), decreasing 4.1% from October but jumping 42.1% from the comparable month in 2019. Sales of furniture and related products totaled $997 million, rising 3.2% from October but were 5.9% lower than November 2019. Canadian manufacturing sales for all industries fell slightly 0.6%

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October Home Sales Rise Slightly

U.S. sales of new single-family homes in October were at a seasonally adjusted annual rate of 745,000, up 0.4% from September but down 23.1% from the comparable month last year. The seasonally adjusted estimate of new homes for sale at the end of October was 389,000, representing a 6.3-month supply at the current sales rate.

Read More »

Furniture Orders Strong through September

U.S. residential furniture factory orders in September dropped 20% from the comparable month in 2020 but were 15% higher than the same month in 2019. Year-to-date orders rose 21% over the first nine months of 2020 and grew 32% from 2019. Furniture shipments grew 4% over September 2020 and year-to-date totals increased 30% from the

Read More »

CPA Virtual Fall Meeting General Session Held October 19

CPA hosted a virtual General Session of the Fall Meeting on October 19th, a peer-led panel titled “Navigating Business Beyond a Pandemic from the CPA Member Perspective.” The panel included Erik Christensen, Swiss Krono; Bernhard Ebner, Egger; Tammy Polovic, Omnova Solutions; and Elliott Savage, Seemac. CPA Vice Chairman, Steve Carroll of Arauco moderated this session

Read More »

U.S. Housing Starts Down in September

U.S. housing starts in September were at a seasonally adjusted annual rate of 1.56 million, decreasing 1.6% from the revised August estimate but 7.4% higher than the comparable month in 2020. Single-family housing starts were nearly even with August at 1.08 million. U.S. building permits in September were at a seasonally adjusted annual rate of

Read More »

U.S. Builder Confidence Improves in October

U.S. builder confidence for new single-family homes in October increased four points from September to 80, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions grew five points to 87 and the measurement of sales expectations in the next six months rose three points

Read More »

Benjamin Moore Announces 2022 Color of the Year

The 2022 choice for the Benjamin Moore “Color of the Year” is October Mist, a gray green that is said to anchor a space while encouraging freedom of expression through color. Other major paint manufacturers, Behr, PPG and Sherwin Williams, also previously announced gray-green shades as colors of the year for 2022. See Benjamin Moore

Read More »

Manufacturing Shipments Mixed in August

Seasonally adjusted shipments for all U.S. manufacturing industries in August rose 0.1% from July to $508.25 billion. Wood product shipments were down 1.1% in August to $11.31 billion compared to the prior month. Shipments of furniture and related products rose 0.5% from July to $5.99 billion. New orders for all U.S. manufacturing grew 1.2% from

Read More »

U.S. Furniture Sales Continue to Rise in December

U.S. residential furniture factory orders in December 2020 rose 27% above the comparable month in 2019 with nearly 84% of manufacturers reporting increases, according to a recent survey of manufacturers and distributors. A strong December helped annual orders top 2019 by 15%. Furniture shipments were up 5% over December 2019 but ended 2020 6% lower

Read More »

Canadian Manufacturing Down in November

Seasonally adjusted Canadian wood product sales in November 2020 were $3.32 billion (CAD), decreasing 4.1% from October but jumping 42.1% from the comparable month in 2019. Sales of furniture and related products totaled $997 million, rising 3.2% from October but were 5.9% lower than November 2019. Canadian manufacturing sales for all industries fell slightly 0.6%

Read More »
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