News
September U.S. Manufacturing Index Improves
In September, the seasonally adjusted S&P Global U.S. Manufacturing Purchasing Managers’ Index (PMI) was 49.8, increasing 1.9 points from August. Manufacturers reported growth in employment and output but a slight decrease in new orders. The PMI index comprises five sub-indices tracking changes in new orders, output, employment, suppliers’ delivery times and stocks of raw materials.
Canada Manufacturing Index Declines in September
The seasonally adjusted S&P Global Canada Manufacturing Purchasing Managers’ Index (PMI) in September was 47.5, dipping 0.5 points from August, marking the lowest level since May 2020. Manufacturers reported decreased output and new orders. The PMI index comprises five sub-indices tracking changes in new orders, output, employment, suppliers’ delivery times and stocks of raw materials.
September Mexico Manufacturing Index Dips
The September seasonally adjusted S&P Global Mexico Manufacturing Purchasing Managers’ Index (PMI) was 49.8, declining 1.4 points from August, marking the first reading below 50 in eight months. Manufacturers reported a decrease in new orders, output and employment. The PMI index comprises five sub-indices tracking changes in new orders, output, employment, suppliers’ delivery times and
August TFL Shipments Report Available
The August TFL Shipments Report is Now Available.
Deadline Today for Fall Meeting Hotel Reservations
Today is the last day to reserve rooms at the CPA discounted rate at the Lansdowne Resort for the Fall Meeting from October 22-24. The hotel is expecting to sell-out on Sunday and Monday so reserve today. The Lansdowne Resort, located in Leesburg, VA, is 12 miles from the Washington Dulles Airport (IAD) and is
CPA LinkedIn Contest
CPA recently launched an initiative through the Digital Subcommittee to promote member involvement and volunteerism that fosters industry networking through LinkedIn. Members are encouraged to proudly display a custom “CPA badge” logo on their LinkedIn profile and add any volunteer positions on CPA boards, committees, subcommittees and task groups to enhance their professional experience. To
LinkedIn Contest Continues
CPA, with the Digital Subcommittee, launched a LinkedIn initiative to promote member involvement and volunteerism that fosters industry networking. Members can proudly display a CPA member featured image on their LinkedIn profile and add any CPA volunteer positions and task groups. The Subcommittee created a contest to win a $150 Visa gift card to encourage
CPA Returns from Busy Greenbuild Expo
CPA exhibited at the Greenbuild Expo last week in Washington D.C., alongside 245 other exhibitors. CPA’s booth was in a prime location and attracted a steady stream of visitors interested in the industry’s product design offerings and carbon story. Attendees were also eager to hear about the Eco-Certified Composite (ECC) certification program as a verification
August Safety Report Now Available
The August Safety Report is Now Available to Members
U.S. Furniture Orders Down Month-over-Month
U.S. residential furniture factory orders in July were $2.3 billion, up 27.5% from the comparable month in 2022 but 8.7% lower than in June. Year-to-date orders dipped 3.8% to $15.2 billion from 2022. Furniture shipments dropped 20.6% from last July to $2.0 billion and fell 18.3% from June. July backlogs were $3.0 billion, declining 50.5%
August U.S. Manufacturing Shipments Grow
Seasonally adjusted shipments for all U.S. manufacturing industries in August rose 1.3% from July to $586.0 billion. Wood product shipments were up 0.5% in August to $13.4 billion compared to the prior month. Shipments of furniture and related products were unchanged from July at $6.7 billion. New orders for all U.S. manufacturing grew 1.2% from
Construction Spending Up in August
U.S. construction spending in August was estimated at a seasonally adjusted annual rate of $2.0 trillion, growing 0.5% from July and 7.4% higher than the same month last year. Year-to-date construction spending increased 4.2% to $1.3 trillion compared to the first eight months of 2022. Private construction spending was $1.6 trillion, climbing 0.5% from July.