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Canadian Building Permits Rise in May

Canadian building permits in May increased 20.2% from April to $7.4 billion (CAD) but were down 13.6% from the year-ago period.  This was the largest monthly increase since March 2009. May residential authorizations rose 18.7% from the prior month to $4.8 billion but fell 6.6% below the comparable month in 2019.  Single-family totals reached $1.9

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U.S. Interior Design Billings Increase in May

The Interior Design Billings Index (IDBI), derived from a survey of the American Society of Interior Design (ASID) member-owned firms, rose 24.6 points in May to 43.5, indicating a rebound from COVID-19-related declines. Any score over 50 indicates growth. Designers in the West and Midwest geographic regions saw billings increase, while the North and Southeast

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Architectural Billings Slightly Improve in May

The Architecture Billings Index (ABI) in May increased 2.5 points from April to 32.0 but still indicates poor business conditions at a majority of firms, according to The American Institute of Architects (AIA) Economics & Market Research Group. Design contracts increased 5.5 points in May to 33.1. May billings showed further declines across all regions,

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U.S. Furniture Orders Plummet in April

U.S. residential furniture factory orders in April fell 61% from the comparable month in 2019, and were down 52% from March, according to a recent survey of manufacturers and distributors. Year-to-date orders were 21% lower the same period last year. Of those surveyed, 100% reported lower orders in April. Shipments decreased 50% from both March

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U.S. Consumer Confidence Jumps in June

U.S. consumer confidence in June registered at 98.1, rising 14.2% from May, according to The Conference Board Consumer Confidence Index. The index measuring current business and labor market conditions increased from 68.4 in May to 86.2, and the short-term outlook for income, business and labor market rose from 97.6 last month to 106.0 in June.

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U.S. Manufacturing Shipments Up in May

Total seasonally adjusted shipments for all U.S. manufacturing industries in May rose 3.1% from April to $417 billion. U.S. wood product manufacturing shipments totaled $8.6 billion, down 4.0% from April. May shipments of furniture and related products increased 4.3% to $6.1 billion. New orders for all U.S. manufacturing increased 8.0% from April to $412.8 billion. 

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Canadian Building Permits Rise in May

Canadian building permits in May increased 20.2% from April to $7.4 billion (CAD) but were down 13.6% from the year-ago period.  This was the largest monthly increase since March 2009. May residential authorizations rose 18.7% from the prior month to $4.8 billion but fell 6.6% below the comparable month in 2019.  Single-family totals reached $1.9

Read More »

U.S. Interior Design Billings Increase in May

The Interior Design Billings Index (IDBI), derived from a survey of the American Society of Interior Design (ASID) member-owned firms, rose 24.6 points in May to 43.5, indicating a rebound from COVID-19-related declines. Any score over 50 indicates growth. Designers in the West and Midwest geographic regions saw billings increase, while the North and Southeast

Read More »

Architectural Billings Slightly Improve in May

The Architecture Billings Index (ABI) in May increased 2.5 points from April to 32.0 but still indicates poor business conditions at a majority of firms, according to The American Institute of Architects (AIA) Economics & Market Research Group. Design contracts increased 5.5 points in May to 33.1. May billings showed further declines across all regions,

Read More »

U.S. Furniture Orders Plummet in April

U.S. residential furniture factory orders in April fell 61% from the comparable month in 2019, and were down 52% from March, according to a recent survey of manufacturers and distributors. Year-to-date orders were 21% lower the same period last year. Of those surveyed, 100% reported lower orders in April. Shipments decreased 50% from both March

Read More »

U.S. Consumer Confidence Jumps in June

U.S. consumer confidence in June registered at 98.1, rising 14.2% from May, according to The Conference Board Consumer Confidence Index. The index measuring current business and labor market conditions increased from 68.4 in May to 86.2, and the short-term outlook for income, business and labor market rose from 97.6 last month to 106.0 in June.

Read More »

U.S. Manufacturing Shipments Up in May

Total seasonally adjusted shipments for all U.S. manufacturing industries in May rose 3.1% from April to $417 billion. U.S. wood product manufacturing shipments totaled $8.6 billion, down 4.0% from April. May shipments of furniture and related products increased 4.3% to $6.1 billion. New orders for all U.S. manufacturing increased 8.0% from April to $412.8 billion. 

Read More »
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