News
March Consumer Confidence Improves
U.S. consumer confidence in March registered at 104.2, increasing 0.8 points from February, according to The Conference Board Consumer Confidence Index. The index, measuring current business and labor market conditions, dipped 1.9 points to 151.1 in March. The short-term outlook index for income, business and the labor markets rose 2.6 points from February to 73. See The
February RV Shipments Decline
The RV Industry Association’s monthly survey of U.S. manufacturers reported February shipments reached 24,903 units, dropping 53.7% from the record set during the same month in 2022. Year-to-date shipments were 45,308, a decrease of 57.7% compared to last year. See RV Industry Association
Canadian Retail Sales Up in January; Furniture Dips
Canadian seasonally adjusted retail furniture store sales in January decreased 1% from December 2022 to $1.23 billion (CAD) and were 7.9% lower than the same month in 2022. Sales for building material dealers rose 1.5% from December to $3.9 billion but dropped 8.4% from the comparable period in 2022. Total Canadian retail sales rose 1.4%
CPA 2022 Shipments and Downstream Market Report Now Available
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February Panel Shipments Report Available
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Spring Meeting Hotel Deadline Extended through Monday; Limited Availability
The CPA Spring Meeting hotel block at the Westin La Paloma is over capacity. However, a few additional rooms have been secured, and the deadline to reserve has been extended through Monday, March 27. If you are unable to reserve a room using the dedicated link on CPA’s website, then complete the Wait List form
Canada Manufacturing Index Weakens
The seasonally adjusted S&P Global Canada Manufacturing Purchasing Managers’ Index (PMI) in March was 48.6, down 3.8 points from February. Manufacturers reported the largest decrease in new orders since October, mostly attributed to rising inflation. The PMI index comprises five sub-indices tracking changes in new orders, output, employment, suppliers’ delivery times and stocks of raw
Mexico Manufacturing Improvement Continues in March
The seasonally adjusted S&P Global Mexico Manufacturing Purchasing Managers’ Index (PMI) in March was 51, marking no change from February. The above 50 index was attributed to increased sales, employment and reduced delivery times. The PMI index comprises five sub-indices tracking changes in new orders, output, employment, suppliers’ delivery times and stocks of raw materials.
Spring Meeting Registration Continues; Attendee List Available
Meeting registration continues for CPA’s 2023 Spring Meeting, April 16-18 (departure on the 19th), at the Westin La Paloma Resort in Tucson, AZ. The meeting begins on the 16th with the annual golf tournament at 8 am, followed by the Welcome Reception at 6 pm, and concludes on the 18th with the Chairman’s Dinner after
CPA Recognizes Spring Meeting Sponsors
CPA is grateful for the generous support from the following sponsors of the 2023 Spring Meeting. Sponsorships greatly enhance the overall program of the annual meetings. Please take a moment to view the meeting sponsors and exhibitors on the CPA website. Platinum Sponsors Arauco North America Langboard Gold Sponsors Arclin Bakelite Synthetics Hexion Roseburg Silver
2023 Houzz Renovation Trends Survey Finds Five-Year High
The recently released 2023 U.S. Houzz & Home Study: Renovation Trends surveyed 46,118 homeowners, including 24,667 who either renovated in 2022 or have planned projects this year. Major findings showed there was a five-year high in remodeling activity with a median spend of $22,000, an increase of 22% over 2021. The survey found that 58%
March Consumer Confidence Improves
U.S. consumer confidence in March registered at 104.2, increasing 0.8 points from February, according to The Conference Board Consumer Confidence Index. The index, measuring current business and labor market conditions, dipped 1.9 points to 151.1 in March. The short-term outlook index for income, business and the labor markets rose 2.6 points from February to 73. See The