Canadian Building Permits Rise in May
Canadian building permits in May increased 20.2% from April to $7.4 billion (CAD) but were down 13.6% from the year-ago period. This was the largest monthly increase since March 2009. May residential authorizations rose 18.7% from the prior month to $4.8 billion but fell 6.6% below the comparable month in 2019. Single-family totals reached $1.9
U.S. Interior Design Billings Increase in May
The Interior Design Billings Index (IDBI), derived from a survey of the American Society of Interior Design (ASID) member-owned firms, rose 24.6 points in May to 43.5, indicating a rebound from COVID-19-related declines. Any score over 50 indicates growth. Designers in the West and Midwest geographic regions saw billings increase, while the North and Southeast
Architectural Billings Slightly Improve in May
The Architecture Billings Index (ABI) in May increased 2.5 points from April to 32.0 but still indicates poor business conditions at a majority of firms, according to The American Institute of Architects (AIA) Economics & Market Research Group. Design contracts increased 5.5 points in May to 33.1. May billings showed further declines across all regions,
U.S. Furniture Orders Plummet in April
U.S. residential furniture factory orders in April fell 61% from the comparable month in 2019, and were down 52% from March, according to a recent survey of manufacturers and distributors. Year-to-date orders were 21% lower the same period last year. Of those surveyed, 100% reported lower orders in April. Shipments decreased 50% from both March
U.S. Consumer Confidence Jumps in June
U.S. consumer confidence in June registered at 98.1, rising 14.2% from May, according to The Conference Board Consumer Confidence Index. The index measuring current business and labor market conditions increased from 68.4 in May to 86.2, and the short-term outlook for income, business and labor market rose from 97.6 last month to 106.0 in June.
U.S. Manufacturing Shipments Up in May
Total seasonally adjusted shipments for all U.S. manufacturing industries in May rose 3.1% from April to $417 billion. U.S. wood product manufacturing shipments totaled $8.6 billion, down 4.0% from April. May shipments of furniture and related products increased 4.3% to $6.1 billion. New orders for all U.S. manufacturing increased 8.0% from April to $412.8 billion.
Canadian Building Permits Rise in May
Canadian building permits in May increased 20.2% from April to $7.4 billion (CAD) but were down 13.6% from the year-ago period. This was the largest monthly increase since March 2009. May residential authorizations rose 18.7% from the prior month to $4.8 billion but fell 6.6% below the comparable month in 2019. Single-family totals reached $1.9
U.S. Interior Design Billings Increase in May
The Interior Design Billings Index (IDBI), derived from a survey of the American Society of Interior Design (ASID) member-owned firms, rose 24.6 points in May to 43.5, indicating a rebound from COVID-19-related declines. Any score over 50 indicates growth. Designers in the West and Midwest geographic regions saw billings increase, while the North and Southeast
Architectural Billings Slightly Improve in May
The Architecture Billings Index (ABI) in May increased 2.5 points from April to 32.0 but still indicates poor business conditions at a majority of firms, according to The American Institute of Architects (AIA) Economics & Market Research Group. Design contracts increased 5.5 points in May to 33.1. May billings showed further declines across all regions,
U.S. Furniture Orders Plummet in April
U.S. residential furniture factory orders in April fell 61% from the comparable month in 2019, and were down 52% from March, according to a recent survey of manufacturers and distributors. Year-to-date orders were 21% lower the same period last year. Of those surveyed, 100% reported lower orders in April. Shipments decreased 50% from both March
U.S. Consumer Confidence Jumps in June
U.S. consumer confidence in June registered at 98.1, rising 14.2% from May, according to The Conference Board Consumer Confidence Index. The index measuring current business and labor market conditions increased from 68.4 in May to 86.2, and the short-term outlook for income, business and labor market rose from 97.6 last month to 106.0 in June.
U.S. Manufacturing Shipments Up in May
Total seasonally adjusted shipments for all U.S. manufacturing industries in May rose 3.1% from April to $417 billion. U.S. wood product manufacturing shipments totaled $8.6 billion, down 4.0% from April. May shipments of furniture and related products increased 4.3% to $6.1 billion. New orders for all U.S. manufacturing increased 8.0% from April to $412.8 billion.
