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Safety Innovation Award Nominations Due March 3

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Knothe Retires from Toppan

Toppan Interamerica Inc., McDonough, GA, announced the retirement of Bob Knothe, National Accounts Manager as of February 17. Bob, a 21-year veteran with Toppan, leaves the décor and surfaces industry after 35 years.  Bob has been an active CPA member and previously served as the Chair of CPA’s Decorative Surfaces Council for many years.  See

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U.S. Builder Confidence Improves in February

U.S. builder confidence for new single-family homes in February climbed seven points from January to 42, marking the highest level since September of 2022, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions increased six points to 46, while the measurement of sales expectations

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January U.S. Housing Starts Dip

U.S. housing starts in January were at a seasonally adjusted annual rate of 1.31 million, dropping 4.5% from December 2022 and 21.4% lower than the comparable month last year. Single-family starts decreased 4.3% from December to 841,000. U.S. building permits in January were at a seasonally adjusted annual rate of 1.34 million, growing 0.1% from

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December Canadian Wood Product Sales Decline

Seasonally adjusted Canadian wood product sales in December 2022 were $3.3 billion (CAD), down 7.5% from November and 16.9% lower than the comparable month in 2021. Sales of furniture and related products totaled $1.28 billion, decreasing 7.5% from November but rising 4.5% over December 2021. Canadian manufacturing sales for all industries were $71 billion, dipping

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U.S. Single-Family Home Size Decreases

The 2022 U.S. Census Quarterly Starts and Completions by Purpose and Design report showed that the median square footage of new single-family homes in the fourth quarter dropped to 2,472 square feet compared to 2,561 from the same period in 2021. This trend is anticipated to continue as the housing demand weakens due to higher

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January U.S. Home Sales Up

U.S. sales of new single-family homes in January were at a seasonally adjusted annual rate of 670,000, growing 7.2% from December 2022 but 19.4% lower than the comparable month in 2022. The seasonally adjusted estimate of new homes for sale at the end of January was 439,000, representing a 7.9-month supply at the current sales

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January Architectural Billings Index Remains Below 50

The January Architecture Billings Index (ABI) rose 0.9 points to 49.3, 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 grew from 50 in December 2022 to 53.4. January billings

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Canadian Retail Sales Improve in December

Canadian seasonally adjusted retail furniture store sales in December 2022 decreased 2.1% from November to $1.16 billion (CAD) but were 0.7% higher than the same month in 2021. Sales for building material dealers fell 3.8% from November to $3.79 billion, dropping 0.7% from 2021. Total Canadian retail sales rose 0.5% from November to $62.1 billion

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January Safety Report Now Available

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Safety Innovation Award Nominations Due March 3

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