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July U.S. Construction Spending Inches Up

U.S. construction spending in July was estimated at a seasonally adjusted annual rate of $1.57 trillion, rising 0.3% from June and up 9.0% from the year prior.  Private construction spending rose 0.3% from June to a seasonally adjusted annual rate of $1.23 trillion.  Residential levels for July rose 0.5% from the previous month to $773

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U.S. Furniture Orders Up in June

U.S. residential furniture factory orders in June were up 7% above the comparable month in 2020, with over 66% of the participants reporting new orders. Year-to-date orders jumped 51% over the first five months of 2020, with 94% of participants reporting higher orders. Furniture shipments rose 38% over June 2020 and year-to-date totals increased 42%

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July U.S. Kitchen and Bath Sales Mixed

U.S. kitchen and bath cabinet sales in July were 7.2% higher than the comparable month in 2020, but fell 11.5% from June, according to the Kitchen Cabinet Manufacturers Association’s (KCMA) monthly Trend of Business member survey. Semi-custom sales decreased 1.1% from July 2020 and were down 17.2% from June. Custom cabinetry sales were up 10.3%

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U.S. Architectural Billings Fall in July

The July Architecture Billings Index (ABI) decreased 2.5 points from June to 54.6 according to The American Institute of Architects (AIA) Economics & Market Research Group. A score below 50 indicates a decline in billings. Design contracts fell 0.9 points from June to 58.0. July billings were in positive territory across all geographic regions but

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Canadian Building Permits Fall in July

Canadian building permits in July fell 3.9% from June to $9.9 billion (CAD) but increased 21.8% from the year-ago period.  Residential authorizations decreased 3.1% from June to $6.97 billion but were 30.3% higher than July 2020.  Single-family totals reached $3.08 billion, down 9.6% from June but jumping 35.7% from the prior year.  Multi-family levels rose

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Mexico Manufacturing Decreases in August

The seasonally adjusted IHS Markit Mexico Manufacturing Purchasing Managers’ Index (PMI) in August fell 2.5 points from July to 47.1, marking a quicker contraction after a near-positive July.  Orders decreased at the fastest pace since March, and production and exports continued to fall. The PMI index is composed of five sub-indices tracking changes in new

Read More »

July U.S. Construction Spending Inches Up

U.S. construction spending in July was estimated at a seasonally adjusted annual rate of $1.57 trillion, rising 0.3% from June and up 9.0% from the year prior.  Private construction spending rose 0.3% from June to a seasonally adjusted annual rate of $1.23 trillion.  Residential levels for July rose 0.5% from the previous month to $773

Read More »

U.S. Furniture Orders Up in June

U.S. residential furniture factory orders in June were up 7% above the comparable month in 2020, with over 66% of the participants reporting new orders. Year-to-date orders jumped 51% over the first five months of 2020, with 94% of participants reporting higher orders. Furniture shipments rose 38% over June 2020 and year-to-date totals increased 42%

Read More »

July U.S. Kitchen and Bath Sales Mixed

U.S. kitchen and bath cabinet sales in July were 7.2% higher than the comparable month in 2020, but fell 11.5% from June, according to the Kitchen Cabinet Manufacturers Association’s (KCMA) monthly Trend of Business member survey. Semi-custom sales decreased 1.1% from July 2020 and were down 17.2% from June. Custom cabinetry sales were up 10.3%

Read More »

U.S. Architectural Billings Fall in July

The July Architecture Billings Index (ABI) decreased 2.5 points from June to 54.6 according to The American Institute of Architects (AIA) Economics & Market Research Group. A score below 50 indicates a decline in billings. Design contracts fell 0.9 points from June to 58.0. July billings were in positive territory across all geographic regions but

Read More »

Canadian Building Permits Fall in July

Canadian building permits in July fell 3.9% from June to $9.9 billion (CAD) but increased 21.8% from the year-ago period.  Residential authorizations decreased 3.1% from June to $6.97 billion but were 30.3% higher than July 2020.  Single-family totals reached $3.08 billion, down 9.6% from June but jumping 35.7% from the prior year.  Multi-family levels rose

Read More »

Mexico Manufacturing Decreases in August

The seasonally adjusted IHS Markit Mexico Manufacturing Purchasing Managers’ Index (PMI) in August fell 2.5 points from July to 47.1, marking a quicker contraction after a near-positive July.  Orders decreased at the fastest pace since March, and production and exports continued to fall. The PMI index is composed of five sub-indices tracking changes in new

Read More »
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