News
U.S. Kitchen and Bath Sales Surge in February
U.S. kitchen and bath cabinet sales in February were 13.5% higher than the comparable month in 2021 and rose 7.4% from January, according to the Kitchen Cabinet Manufacturers Association’s (KCMA) monthly Trend of Business member survey. Semi-custom sales increased 5.4% from February 2021 and 11% from January. Custom cabinetry sales soared 19.4% over February of
Furniture Orders Down in January
U.S. residential furniture factory orders in January decreased 12% from the comparable month in 2021 but rose 27% from the same period in 2020. In January, 55% of participants reported increases. Furniture shipments dropped 3% from January 2021 but were 7% higher than 2020. With new orders still outpacing shipments, backlogs climbed 43% from January
U.S. Construction Spending Slight Increase in February
U.S. construction spending in February was estimated at a seasonally adjusted annual rate of $1.70 trillion, up 0.5% from January and an 11.2% increase over the year prior. Private construction spending rose 0.8% from January to a seasonally adjusted annual rate of $1.35 trillion. Residential totals for February were 1.1% higher than the previous month
Industry Snapshot Available to Members
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TFL Shipments Report Available to Members
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CPA Publishes Safety Spotlight for March
CPA’s Safety Spotlight highlights examples, throughout the year, of member safety challenges and the new or novel corrective actions used to remedy the situation to make the workplace even safer. This month’s Safety Spotlight focuses on burn prevention submitted by Woodgrain Composites. All members operating a manufacturing facility in North America are encouraged to submit
CPA Recognizes Spring Meeting Sponsors
CPA is grateful for the generous support received from the following sponsors in support of the 2022 Spring Meeting in Dana Point, CA. Sponsor contributions greatly enhance the program and events of the annual meetings. Please take a moment to view all of the following 2022 Spring Meeting sponsors along with the exhibitors on the
CPA Welcomes New Associate Member
The CPA Board of Directors recently voted to approve the following new Associate Member. VT Industries, Inc., Holstein, IA, is a manufacturer of commercial and residential wood doors, laminate countertops, butcher block countertops and architectural wood paneling. The membership will be represented by Ryan Clausen, VP, Supply Chain Management. See VT Industries More Info: Jeannie
CPA Revises Particleboard and MDF Shelving Technical Bulletin
CPA is pleased to announce that the Particleboard & MDF for Shelving Technical Bulletin has been revised to support multiple audiences with differing levels of mechanical engineering knowledge, including DIYers, homeowners, engineers and contractors. The shelving bulletin, originally published in 1998, was developed to help determine maximum shelf spans for single span (supported at its
Consumer Confidence Up in March
U.S. consumer confidence in March registered at 107.2, rising 1.5 points from the revised February figure, according to The Conference Board Consumer Confidence Index. The index measuring current business and labor market conditions, rose 10 points from February to 153.0. The short-term outlook for income, business and the labor market decreased 4.2 points in March
U.S. Kitchen and Bath Sales Surge in February
U.S. kitchen and bath cabinet sales in February were 13.5% higher than the comparable month in 2021 and rose 7.4% from January, according to the Kitchen Cabinet Manufacturers Association’s (KCMA) monthly Trend of Business member survey. Semi-custom sales increased 5.4% from February 2021 and 11% from January. Custom cabinetry sales soared 19.4% over February of
Furniture Orders Down in January
U.S. residential furniture factory orders in January decreased 12% from the comparable month in 2021 but rose 27% from the same period in 2020. In January, 55% of participants reported increases. Furniture shipments dropped 3% from January 2021 but were 7% higher than 2020. With new orders still outpacing shipments, backlogs climbed 43% from January
