News
National Pollutant Release Inventory Notice for 2022-2024 Reporting Years Published
On February 12, Environment and Climate Change Canada (ECCC) published the National Pollutant Release Inventory (NPRI) reporting requirements for the 2022-2024 reporting years. The most notable changes from prior years pertain to individual stack reporting for criteria air contaminants (CACs) (i.e., carbon monoxide, nitrogen oxides, particulate matter (all size fractions), sulphur dioxide, and total volatile
U.S. Home Sales Fall in January
U.S. sales of new single-family homes in January were at a seasonally adjusted annual rate of 801,000, down 4.5% from December 2021 and decreased 19.3% from the comparable month last year. The seasonally adjusted estimate of new homes for sale at the end of January was 406,000, representing a 6.1-month supply at the current sales
Home Improvement Retailers Post Strong Results
The world’s two largest home improvement retailers published fourth quarter 2021 financial results. The Home Depot, Atlanta, GA, reported fourth quarter net sales of $35.7. billion, up 10.7% over the comparable period in 2020. Net quarterly earnings rose 17.3% from the fourth quarter in 2020 to $3.4 billion. Annual net earnings for 2021 grew 27.7%
U.S. Single Family Home Size Continues Upward Trend in Q4 2021
The fourth quarter 2021 U.S. Census Quarterly Starts and Completions by Purpose and Design report showed that the median square footage of a single-family homes rose 3.2% from the same period in 2020 to 2,338 feet. This is the third consecutive quarterly increase, which is attributed to the need for additional home office space due
Q4 Multifamily Construction Confidence Grows
Multifamily construction confidence increased in the fourth quarter of 2021, according to the Multifamily Market Survey produced by the National Association of Home Builders (NAHB). The Multifamily Product Index (MPI) grew one point from the third quarter to 54. The MPI measures builder and developer sentiment about conditions in the market for new apartments and
U.S. Architectural Billings Flat in January
The January Architecture Billings Index (ABI) remained even with December 2021 at 51.0 according to The American Institute of Architects (AIA) Economics & Market Research Group. A score above 50 indicates growth in billings. Design contracts increased 0.6 points to 56.1. January billings were in positive territory for the South and Midwest only, while the
RV Shipments Set January Record
The RV Industry Association’s monthly survey of U.S. manufacturers reported that January shipments reached another record at 53,290 units, jumping 16% over the comparable month in 2021. Shipments broke the previous January high set last year. See RV Industry Association
Mexico Manufacturing Improves in February
The seasonally adjusted IHS Markit Mexico Manufacturing Purchasing Managers’ Index (PMI) in February improved by 1.9 points from January to 48.0, though still in contraction. Business confidence improved from January’s record low, but manufacturers continued to report scarcity issues, decreased orders and lingering pandemic issues. The PMI index is composed of five sub-indices tracking changes
Industry Snapshot Available to Members
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Spring Meeting Registration Continues
Registration continues for CPA’s 2022 Spring Meeting which takes place from May 1-3 (departure on the 4th) at the Laguna Cliffs Marriott in Dana Point, CA. The meeting begins on Sunday with the annual golf tournament at 8am followed by the Welcome Reception at 6pm. The meeting concludes Tuesday evening with the Chairman’s Dinner following a
National Pollutant Release Inventory Notice for 2022-2024 Reporting Years Published
On February 12, Environment and Climate Change Canada (ECCC) published the National Pollutant Release Inventory (NPRI) reporting requirements for the 2022-2024 reporting years. The most notable changes from prior years pertain to individual stack reporting for criteria air contaminants (CACs) (i.e., carbon monoxide, nitrogen oxides, particulate matter (all size fractions), sulphur dioxide, and total volatile
U.S. Home Sales Fall in January
U.S. sales of new single-family homes in January were at a seasonally adjusted annual rate of 801,000, down 4.5% from December 2021 and decreased 19.3% from the comparable month last year. The seasonally adjusted estimate of new homes for sale at the end of January was 406,000, representing a 6.1-month supply at the current sales
