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March Safety Report Now Available
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CPA Publishes Safety Spotlight for April
CPA’s Safety Spotlight highlights examples of member safety challenges and the new or novel strategies to make the workplace even safer. This month’s Safety Spotlight, submitted by Woodgrain, highlights the importance of proper safety equipment. All members operating a manufacturing facility in North America are encouraged to submit examples. Staff will review submissions under the
Q1 2023 U.S. Remodeling Confidence Up
The National Association of Home Builders (NAHB)/Royal Remodeling Index (RMI) reported a U.S. remodeling confidence index of 70 in the first quarter of 2023, increasing one point from the fourth quarter in 2022, but 13 points below the same period in 2022. The current market conditions indicator dropped two points to 75, while the future
February Canadian Wood Product Sales Decline
Seasonally adjusted Canadian wood product sales in February were $3.0 billion (CAD), down 0.8% from January and 33.3% lower than the comparable month last year. Sales of furniture and related products totaled $1.3 billion, increasing 1.4% from January but dropping 10.2% over February 2022. Canadian manufacturing sales for all industries were $71.5 billion, decreasing 3.6%
Construction Investment Strengthens in Canada
Canadian building construction investment in February grew 1% from January to $20.6 billion (CAD). Residential construction spending increased 1.1% from January to $15 billion. Seasonally adjusted single-family construction spending rose 1.3% to $8.1 billion. Multi-unit levels were up 0.8% to $6.9 billion in February. Non-residential totals were 0.8% higher in February at $5.6 billion. See Statistics
CPA Spring Meeting Begins Next Week; Sponsors and Exhibitors Online
CPA’s 2023 Spring Meeting begins next Sunday, April 16 at the Westin La Paloma Resort in Tucson, AZ. Meeting information including registration, the schedule and attendee list is available online. Committee and Board materials will be posted online next week. CPA is grateful for the support of the following Spring Meeting sponsors. Please take a
March Architectural Billings Index Increases
The March Architecture Billings Index (ABI) rose 2.4 points to 50.4, according to The American Institute of Architects (AIA) Economics & Market Research Group. A score above 50 indicates growth in billings, while a score below 50 means a drop in firm billings. Design contracts shrank from 51.3 in February to 48.9. March billings were
March RV Shipments Decline
The RV Industry Association’s monthly survey of U.S. manufacturers reported March shipments reached 31,869 units, dropping 50.8% from the same month in 2022 but up 28% from February. Year-to-date shipments totaled 78,600, a decrease of 54.3% compared to last year. See RV Industry Association
Canadian Retail Sales Dip in February; Furniture Up
Canadian seasonally adjusted retail furniture store sales in February increased 1.4% from January to $1.26 billion (CAD) but were 3.1% lower than the same month in 2022. Sales for building material dealers rose 0.2% from January to $3.9 billion but dropped 11% from the comparable period in 2022. Total Canadian retail sales receded 0.2% from
March Canadian Housing Starts Shrink
The monthly standalone seasonally adjusted annual rate (SAAR) of Canadian housing starts in March was 213,865 units, 11.2% lower than February. The SAAR of urban starts decreased 12.4% from February to 192,545. Multiple urban starts dropped 11.3% to 151,769, while single-family levels fell 16.4% from February to 40,776. The trend in housing starts in March
CPA Spring Meeting Begins Sunday
The 2023 CPA Spring Meeting at the Westin la Paloma Resort & Spa in Tucson, AZ, begins this weekend with nearly 300 attendees, guests and spouses representing more than 100 companies. The Spring Meeting program starts with the annual golf tournament on Sunday at 8 a.m., followed by the Welcome Reception at 6 p.m. Frank
March Safety Report Now Available
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