News
RV Shipments Set January Record
The RV Industry Association’s monthly survey of U.S. manufacturers reported that January shipments reached another record at 53,290 units, jumping 16% over the comparable month in 2021. Shipments broke the previous January high set last year. See RV Industry Association
Mexico Manufacturing Improves in February
The seasonally adjusted IHS Markit Mexico Manufacturing Purchasing Managers’ Index (PMI) in February improved by 1.9 points from January to 48.0, though still in contraction. Business confidence improved from January’s record low, but manufacturers continued to report scarcity issues, decreased orders and lingering pandemic issues. The PMI index is composed of five sub-indices tracking changes
Industry Snapshot Available to Members
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Spring Meeting Registration Continues
Registration continues for CPA’s 2022 Spring Meeting which takes place from May 1-3 (departure on the 4th) at the Laguna Cliffs Marriott in Dana Point, CA. The meeting begins on Sunday with the annual golf tournament at 8am followed by the Welcome Reception at 6pm. The meeting concludes Tuesday evening with the Chairman’s Dinner following a
National Pollutant Release Inventory Notice for 2022-2024 Reporting Years Published
On February 12, Environment and Climate Change Canada (ECCC) published the National Pollutant Release Inventory (NPRI) reporting requirements for the 2022-2024 reporting years. The most notable changes from prior years pertain to individual stack reporting for criteria air contaminants (CACs) (i.e., carbon monoxide, nitrogen oxides, particulate matter (all size fractions), sulphur dioxide, and total volatile
U.S. Home Sales Fall in January
U.S. sales of new single-family homes in January were at a seasonally adjusted annual rate of 801,000, down 4.5% from December 2021 and decreased 19.3% from the comparable month last year. The seasonally adjusted estimate of new homes for sale at the end of January was 406,000, representing a 6.1-month supply at the current sales
Stevens Industries Names New Director of Sales
Stevens Industries, Teutopolis, IL, has promoted Jeff Niebrugge to Director of Sales, Panels and Components Division. Niebrugge has been with Stevens for 38 years and was most recently Regional Sales Manager. See Stevens
January U.S. Construction Spending Increases
U.S. construction spending in January was estimated at a seasonally adjusted annual rate of $1.68 trillion, up 1.3% from December 2021 and an 8.2% increase over the year prior. Private construction spending rose 1.5% from December to a seasonally adjusted annual rate of $1.33 trillion. Residential totals for January were 1.3% higher than the previous
U.S. Consumer Confidence Falls Again in February
U.S. consumer confidence in February registered at 110.5, dipping 0.6 points from a revised January score, according to The Conference Board Consumer Confidence Index. The index measuring current business and labor market conditions, rose 0.6 points from January to 145.1. The short-term outlook for income, business and the labor market decreased 1.3 points in February
Furniture Orders Down in December
U.S. residential furniture factory orders in December 2021 were down 6% from the comparable month in 2020 but were up 19% from the same month in 2019. Year-to-date orders rose 14% over the year of 2020, with 77% of participants reporting increases. Furniture shipments dropped 2% over December 2020 and year-to-date totals jumped 20% from
RV Shipments Set January Record
The RV Industry Association’s monthly survey of U.S. manufacturers reported that January shipments reached another record at 53,290 units, jumping 16% over the comparable month in 2021. Shipments broke the previous January high set last year. See RV Industry Association
Mexico Manufacturing Improves in February
The seasonally adjusted IHS Markit Mexico Manufacturing Purchasing Managers’ Index (PMI) in February improved by 1.9 points from January to 48.0, though still in contraction. Business confidence improved from January’s record low, but manufacturers continued to report scarcity issues, decreased orders and lingering pandemic issues. The PMI index is composed of five sub-indices tracking changes
