News
U.S. Construction Spending Inches Upward in November
U.S. construction spending in November 2021 was estimated at a seasonally adjusted annual rate of $1.63 trillion, increasing 0.4% from October and 9.3% higher than the year prior. Private construction spending was up 0.6% from October to a seasonally adjusted annual rate of $1.27 trillion. Residential levels for November rose 0.9% from the previous month
November U.S. Manufacturing Shipments Grow
Seasonally adjusted shipments for all U.S. manufacturing industries in November 2021 rose 0.7% from October to $526.97 billion. Wood product shipments were up 1.7% in November to $11.66 billion compared to the prior month. Shipments of furniture and related products fell 1.9% from October to $5.99 billion. New orders for all U.S. manufacturing increased 1.6%
TFL Shipments Report Available to Members
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Mill Safety Report Now Available
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U.S. Consumer Confidence Up in December
U.S. consumer confidence in December 2021 registered at 115.8, rising 3.9 points from a revised November score, according to The Conference Board Consumer Confidence Index. The index measuring current business and labor market conditions, dropped 0.3 points from November to 144.1. The short-term outlook for income, business and the labor market increased 6.7 points in
November Home Sales Jump
U.S. sales of new single-family homes in November 2021 were at a seasonally adjusted annual rate of 744,000, up 12.4% from October but down 14.0% from the comparable month last year. The seasonally adjusted estimate of new homes for sale at the end of November was 402,000, representing a 6.5-month supply at the current sales
U.S. Construction Spending Inches Upward in November
U.S. construction spending in November 2021 was estimated at a seasonally adjusted annual rate of $1.63 trillion, increasing 0.4% from October and 9.3% higher than the year prior. Private construction spending was up 0.6% from October to a seasonally adjusted annual rate of $1.27 trillion. Residential levels for November rose 0.9% from the previous month
November U.S. Manufacturing Shipments Grow
Seasonally adjusted shipments for all U.S. manufacturing industries in November 2021 rose 0.7% from October to $526.97 billion. Wood product shipments were up 1.7% in November to $11.66 billion compared to the prior month. Shipments of furniture and related products fell 1.9% from October to $5.99 billion. New orders for all U.S. manufacturing increased 1.6%
