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October Safety Report Now Available
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U.S. Builder Confidence Continues to Fall in November
U.S. builder confidence for new single-family homes in November fell for the 11th consecutive month, decreasing five points from October to 33, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions shrunk six points to 39, and the measurement of sales expectations in the
October U.S. Housing Starts Decrease
U.S. housing starts in October were at a seasonally adjusted annual rate of 1.425 million, dropping 4.2% from the revised September figure and 8.8% lower than the comparable month last year. Single-family starts declined 6.1% from September to 855,000. U.S. building permits in October were at a seasonally adjusted annual rate of 1.526 million, decreasing
Home Improvement Retailers Post Increased Sales
The world’s two largest home improvement retailers published third quarter 2022 financial results. The Home Depot, Atlanta, GA, reported third quarter net sales of $38.9 billion, up 5.6% over the comparable period in 2021. Net quarterly earnings rose 5.1% from the same three months of 2021 to $4.3 billion. See The Home Depot The Lowe’s
September Canadian Manufacturing Up Year Over Year
Seasonally adjusted Canadian wood product sales in September were $3.6 billion (CAD), down 2.3% from August but 0.7% higher than the comparable month in 2021. Sales of furniture and related products totaled $1.3 billion, increasing 0.9% from August and jumping 10.9% over September 2021. Canadian manufacturing sales for all industries were $70.4 billion, marking no
Canadian Housing Starts Drop in October
The monthly standalone seasonally adjusted annual rate (SAAR) of Canadian housing starts in October was 267,055 units, 11% lower than in September. The SAAR of urban starts also fell 11% from September to 245,234. Multiple urban starts declined 13% to 188,189 and single-family levels dipped 4% from September to 57,045. The trend in housing starts
Closets & Organized Storage State of the Industry Report Published
Closets & Organized Storage magazine released its 2022 State of the Industry survey findings. The survey provides insight into 2022 and 2023 trade forecasts. Respondents represented independent closet companies, franchises and retailers, with the top three products sold at the establishments being closet and organized storage (56%), residential and commercial cabinets (19%) and garage organization
September Canadian Furniture Store and Building Material Sales Up
Canadian retail furniture store sales in September increased 0.5% from August to $1.19 billion (CAD) but were 2.4% lower than the same month last year. Sales for building material dealers dropped 2% from August to $4.09 billion but were up 8.3% from 2021. Total Canadian retail sales declined 0.5% from August to $61.1 billion and
Mexico Manufacturing Recovers in November
The seasonally adjusted S&P Global Mexico Manufacturing Purchasing Managers’ Index (PMI) in November was 50.6, a 0.3 increase from October. Job creation and higher sales are attributed to the above 50.0 figure . The PMI index comprises five sub-indices tracking changes in new orders, output, employment, suppliers’ delivery times and stocks of raw materials. A
October Industry Snapshot Report Available Now
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October Safety Report Now Available
Please LOGIN to review this restricted content. If you’ve requested a new password and did not receive one, please check your spam folder and also make sure the following domain is “whitelisted” as a safe sender: weblinkinternational.com. If you still did not receive a password reset email. please contact us. If you’re not a member,
U.S. Builder Confidence Continues to Fall in November
U.S. builder confidence for new single-family homes in November fell for the 11th consecutive month, decreasing five points from October to 33, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions shrunk six points to 39, and the measurement of sales expectations in the
