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

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U.S. Construction Spending Inches Upward in November

U.S. construction spending in November 2021 was estimated at a seasonally adjusted annual rate of $1.63 trillion, increasing 0.4% from October and 9.3% higher than the year prior.  Private construction spending was up 0.6% from October to a seasonally adjusted annual rate of $1.27 trillion.  Residential levels for November rose 0.9% from the previous month

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November U.S. Manufacturing Shipments Grow

Seasonally adjusted shipments for all U.S. manufacturing industries in November 2021 rose 0.7% from October to $526.97 billion. Wood product shipments were up 1.7% in November to $11.66 billion compared to the prior month. Shipments of furniture and related products fell 1.9% from October to $5.99 billion. New orders for all U.S. manufacturing increased 1.6%

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Interior Design Billings Decrease Again in November

Interior design billings from the American Society of Interior Design (ASID) member-owned firms decreased half a point in November 2021, bringing the Interior Design Billings Index (IDBI) score to 52.2. Any score over 50 indicates growth. All geographic regions were above 50 for the first time since July 2020, with the South leading the three-month

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November U.S. Architectural Billings Fall

The November 2021 Architecture Billings Index (ABI) decreased 3.3 points from October to 51.0 according to The American Institute of Architects (AIA) Economics & Market Research Group. A score below 50 indicates a decline in billings. Design contracts fell 2.2 points from October to 55.8. November billings were in positive territory across all geographic regions

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Canadian Building Permits Strong in November

Canadian building permits in November 2021 grew 6.8% from October to $11.2 billion (CAD) and jumped 15.5% from the year-ago period.  Residential authorizations increased 12% from October to $7.81 billion and were 18.3% higher than November 2020.  Single-family totals reached $3.51 billion, rising 3.3% from October and up 19.2% from the prior year.  Multi-family levels

Read More »

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

Read More »

U.S. Construction Spending Inches Upward in November

U.S. construction spending in November 2021 was estimated at a seasonally adjusted annual rate of $1.63 trillion, increasing 0.4% from October and 9.3% higher than the year prior.  Private construction spending was up 0.6% from October to a seasonally adjusted annual rate of $1.27 trillion.  Residential levels for November rose 0.9% from the previous month

Read More »

November U.S. Manufacturing Shipments Grow

Seasonally adjusted shipments for all U.S. manufacturing industries in November 2021 rose 0.7% from October to $526.97 billion. Wood product shipments were up 1.7% in November to $11.66 billion compared to the prior month. Shipments of furniture and related products fell 1.9% from October to $5.99 billion. New orders for all U.S. manufacturing increased 1.6%

Read More »

Interior Design Billings Decrease Again in November

Interior design billings from the American Society of Interior Design (ASID) member-owned firms decreased half a point in November 2021, bringing the Interior Design Billings Index (IDBI) score to 52.2. Any score over 50 indicates growth. All geographic regions were above 50 for the first time since July 2020, with the South leading the three-month

Read More »

November U.S. Architectural Billings Fall

The November 2021 Architecture Billings Index (ABI) decreased 3.3 points from October to 51.0 according to The American Institute of Architects (AIA) Economics & Market Research Group. A score below 50 indicates a decline in billings. Design contracts fell 2.2 points from October to 55.8. November billings were in positive territory across all geographic regions

Read More »

Canadian Building Permits Strong in November

Canadian building permits in November 2021 grew 6.8% from October to $11.2 billion (CAD) and jumped 15.5% from the year-ago period.  Residential authorizations increased 12% from October to $7.81 billion and were 18.3% higher than November 2020.  Single-family totals reached $3.51 billion, rising 3.3% from October and up 19.2% from the prior year.  Multi-family levels

Read More »
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