News
CPA Welcomes New Member: Sherwin-Williams Company
The CPA Board of Directors recently voted to approve the following Associate Member. Sherwin-Williams Company, Cleveland, OH, is the industrial wood coatings division of the global paint and coatings corporation. The primary contact is Jameson Maag, Marketing Manager–Building Products. See Sherwin-Williams Company More Info: Jeannie Ervin
U.S. Kitchen and Bath Cabinet Sales Increase Over February
U.S. kitchen and bath cabinet sales in March were $189.9 million, declining 7.7% from the comparable month in 2025 but up 13.9% from February, according to the Kitchen Cabinet Manufacturers Association’s (KCMA) monthly “Trend of Business” member survey. Semi-custom sales totaled $112.3 million, a 7.6% decrease from March 2025 and a 16.6% increase from last
March U.S. Wood Product Shipments Up
Seasonally adjusted shipments for all U.S. manufacturing industries in March totaled $633.9 billion, increasing 1.4% from February. Wood products rose 0.5% to $13.6 billion, while furniture and related product shipments fell 1.2% to $7.7 billion. New manufacturing orders were 1.5% higher than February, reaching $630.4 billion. While furniture and related product orders slipped 0.2% to
U.S. New Home Sales Grow in March
U.S. sales of new single-family homes in March were at a seasonally adjusted annual rate of 682,000, increasing 7.4% from February and 3.3% higher than the comparable month in 2025. The seasonally adjusted estimate of new homes for sale in March was 481,000, indicating an 8.5-month supply at the existing sales rate. This is 0.4%
March U.S. Construction Spending Increases
U.S. construction spending in March reached a seasonally adjusted annual rate of $2.19 trillion, reflecting a 0.6% improvement from February and a 1.6% increase year-over-year. Total public and private residential spending grew 1.6% month over month and 3.5% from March 2025 to $941.70 billion. Nonresidential spending totaled $1.24 trillion, dipping 0.2 from February but increasing
Harvard LIRA Predicts Remodeling Softening
The Leading Indicator of Remodeling Activity (LIRA) predicts that remodeling and repair spending will decelerate to a rate of 0.5% by the first quarter of 2027, totaling a projected $523 billion, according to the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. Remodeling and repair spending in the first quarter
CPA Welcomes New Member: Sherwin-Williams Company
The CPA Board of Directors recently voted to approve the following Associate Member. Sherwin-Williams Company, Cleveland, OH, is the industrial wood coatings division of the global paint and coatings corporation. The primary contact is Jameson Maag, Marketing Manager–Building Products. See Sherwin-Williams Company More Info: Jeannie Ervin
U.S. Kitchen and Bath Cabinet Sales Increase Over February
U.S. kitchen and bath cabinet sales in March were $189.9 million, declining 7.7% from the comparable month in 2025 but up 13.9% from February, according to the Kitchen Cabinet Manufacturers Association’s (KCMA) monthly “Trend of Business” member survey. Semi-custom sales totaled $112.3 million, a 7.6% decrease from March 2025 and a 16.6% increase from last
March U.S. Wood Product Shipments Up
Seasonally adjusted shipments for all U.S. manufacturing industries in March totaled $633.9 billion, increasing 1.4% from February. Wood products rose 0.5% to $13.6 billion, while furniture and related product shipments fell 1.2% to $7.7 billion. New manufacturing orders were 1.5% higher than February, reaching $630.4 billion. While furniture and related product orders slipped 0.2% to
U.S. New Home Sales Grow in March
U.S. sales of new single-family homes in March were at a seasonally adjusted annual rate of 682,000, increasing 7.4% from February and 3.3% higher than the comparable month in 2025. The seasonally adjusted estimate of new homes for sale in March was 481,000, indicating an 8.5-month supply at the existing sales rate. This is 0.4%
March U.S. Construction Spending Increases
U.S. construction spending in March reached a seasonally adjusted annual rate of $2.19 trillion, reflecting a 0.6% improvement from February and a 1.6% increase year-over-year. Total public and private residential spending grew 1.6% month over month and 3.5% from March 2025 to $941.70 billion. Nonresidential spending totaled $1.24 trillion, dipping 0.2 from February but increasing
Harvard LIRA Predicts Remodeling Softening
The Leading Indicator of Remodeling Activity (LIRA) predicts that remodeling and repair spending will decelerate to a rate of 0.5% by the first quarter of 2027, totaling a projected $523 billion, according to the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. Remodeling and repair spending in the first quarter