CPA Welcomes New Associate Member
The CPA Board of Directors recently voted to approve the following Associate Member. Principia Consulting, LLC, Malvern, PA, is a market research and consulting firm focused on building materials and distribution. The primary member representative is Ken Jacobson, Partner. See Principia Consulting
Interprint Expands Pittsfield Site
Interprint, Inc. announced on September 26 the expansion of its Pittsfield, MA site to support its growing printed décor business. The $22 million investment will add 57,000 square feet to the location’s footprint, creating space for extra storage and new printing presses with an additional 20 employees. Construction is scheduled to begin in November with
Consumer Confidence Up in September
The U.S. Consumer Confidence Index in September registered at 108.0, increasing 4.4 points from August, according to The Conference Board. The index measuring current business and labor market conditions, rose 4.3 points to 149.6 in September. The short-term outlook index for income, business and the labor market climbed 4.5 points from August to 80.3. See
U.S. Home Sales Increase in August
U.S. sales of new single-family homes in August were at a seasonally adjusted annual rate of 685,000, growing 28.8% from July but 0.1% lower than the comparable month last year. The seasonally adjusted estimate of new homes for sale at the end of August was 461,000, representing an 8.1-month supply at the current sales rate.
July Furniture Orders Drop
U.S. residential furniture factory orders in July decreased 37% from the comparable month in 2021. Year-to-date orders fell 29% over the same period in 2021. Furniture shipments declined 6% from July 2021 but were up 5% year-to-date. With shipments outpacing new orders, July backlogs declined 25% from 2021. See Smith Leonard
U.S. RV Shipments Decline in August
The RV Industry Association’s monthly survey of U.S. manufacturers reported August shipments reached 33,783 units, dropping 36% from the comparable month in 2021. Year-to-date shipments fell 2.6% at 387,261 compared to last year. See RV Industry Association
CPA Welcomes New Associate Member
The CPA Board of Directors recently voted to approve the following Associate Member. Principia Consulting, LLC, Malvern, PA, is a market research and consulting firm focused on building materials and distribution. The primary member representative is Ken Jacobson, Partner. See Principia Consulting
Interprint Expands Pittsfield Site
Interprint, Inc. announced on September 26 the expansion of its Pittsfield, MA site to support its growing printed décor business. The $22 million investment will add 57,000 square feet to the location’s footprint, creating space for extra storage and new printing presses with an additional 20 employees. Construction is scheduled to begin in November with
Consumer Confidence Up in September
The U.S. Consumer Confidence Index in September registered at 108.0, increasing 4.4 points from August, according to The Conference Board. The index measuring current business and labor market conditions, rose 4.3 points to 149.6 in September. The short-term outlook index for income, business and the labor market climbed 4.5 points from August to 80.3. See
U.S. Home Sales Increase in August
U.S. sales of new single-family homes in August were at a seasonally adjusted annual rate of 685,000, growing 28.8% from July but 0.1% lower than the comparable month last year. The seasonally adjusted estimate of new homes for sale at the end of August was 461,000, representing an 8.1-month supply at the current sales rate.
July Furniture Orders Drop
U.S. residential furniture factory orders in July decreased 37% from the comparable month in 2021. Year-to-date orders fell 29% over the same period in 2021. Furniture shipments declined 6% from July 2021 but were up 5% year-to-date. With shipments outpacing new orders, July backlogs declined 25% from 2021. See Smith Leonard
U.S. RV Shipments Decline in August
The RV Industry Association’s monthly survey of U.S. manufacturers reported August shipments reached 33,783 units, dropping 36% from the comparable month in 2021. Year-to-date shipments fell 2.6% at 387,261 compared to last year. See RV Industry Association
