News
IKEA Parent Purchases More U.S. Land
IKEA parent company, Ingka Group, recently announced the purchase of 3,264 acres of land in Florida for an ongoing afforestation project, growing trees in an area damaged by Hurricane Michael in 2018. The company will plant 650,000 trees in the first rotation of a 40-year cycle. When combined with previously owned acreage across several southeastern
Industry Snapshot Available to Members
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TFL Shipments Report Available to Members
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Mill Safety Report Now Available
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U.S. Consumer Confidence Up in December
U.S. consumer confidence in December 2021 registered at 115.8, rising 3.9 points from a revised November score, according to The Conference Board Consumer Confidence Index. The index measuring current business and labor market conditions, dropped 0.3 points from November to 144.1. The short-term outlook for income, business and the labor market increased 6.7 points in
November Home Sales Jump
U.S. sales of new single-family homes in November 2021 were at a seasonally adjusted annual rate of 744,000, up 12.4% from October but down 14.0% from the comparable month last year. The seasonally adjusted estimate of new homes for sale at the end of November was 402,000, representing a 6.5-month supply at the current sales
Associate Member Renewal Invoices Sent This Week
Annual membership renewal notices for Associate and Academia Members were sent via email on January 13 to the billing contact of each member company. Emails include direct links to download invoices or make credit card payments directly through CPA’s new website. Members should check spam folders if the email is not received before contacting Jeannie
Kitchen and Bath Sales Mixed in November 2021
U.S. kitchen and bath cabinet sales in November 2021 were 13.4% higher than the comparable month in 2020 but dropped 3.4% from October, according to the Kitchen Cabinet Manufacturers Association’s (KCMA) monthly Trend of Business member survey. Semi-custom sales increased 5.1% from November 2020 but were 4.7% lower than October. Custom cabinetry sales grew 18.9%
Houzz Releases 2021 U.S. Kitchen Trends Study
Houzz recently released its 2022 U.S. Houzz Kitchen Trends Study, which surveyed 2,380 U.S. homeowners about recent or planned kitchen renovation projects. Major findings include an increase in median spending in 2022, up 14% over the same period in 2021. Kitchen islands continue to grow with nearly 39% of homeowners installing islands over seven feet
Canadian Construction Investment Up in November 2021
Canadian building construction investment in November 2021 rose 1.2% from October to $18 billion (CAD). Residential construction spending increased 1.5% from October to $13.1 billion, and non-residential totals inched higher by 0.6% in November to $4.9 billion. Single-family spending went up 0.7% from October to $7.1 billion and multi-unit levels grew 2.4% to $6.0 billion
IKEA Parent Purchases More U.S. Land
IKEA parent company, Ingka Group, recently announced the purchase of 3,264 acres of land in Florida for an ongoing afforestation project, growing trees in an area damaged by Hurricane Michael in 2018. The company will plant 650,000 trees in the first rotation of a 40-year cycle. When combined with previously owned acreage across several southeastern
Industry Snapshot Available to Members
Please LOGIN to review this restricted content. If you’ve requested a new password and did not receive one, please check your spam folder and also make sure the following domain is “whitelisted” as a safe sender: weblinkinternational.com. If you still did not receive a password reset email. please contact us. If you’re not a member,
