December U.S. Home Sales Up
U.S. sales of new single-family homes in December 2022 were at a seasonally adjusted annual rate of 616,000, growing 2.3% from November but 26.6% lower than the comparable month in 2021. The seasonally adjusted estimate of new homes for sale at the end of December was 461,000, representing a nine-month supply at the current sales
Kitchen and Bath Cabinet Sales Grow in December
U.S. kitchen and bath cabinet sales in December 2022 were 9.7% higher than the comparable month in 2021 and up 3.1% from November, according to the Kitchen Cabinet Manufacturers Association’s (KCMA) monthly “Trend of Business” member survey. Year-to-date sales increased 16.4% over 2021. Semi-custom sales improved 19.3% from December 2021 and 1.9% from November. Custom
December Architectural Billings Increase Slightly
The December 2022 Architecture Billings Index (ABI) rose 0.9 points to 47.5, according to The American Institute of Architects (AIA) Economics & Market Research Group. A score above 50 indicates growth in billings. Design contracts grew from 46.9 in November to 49.4. December billings were below 50 in all geographic regions. Firms across all sectors
Q4 2022 U.S. Hotel Construction Pipeline Strengthens
The latest U.S. Hotel Construction Pipeline Trend Report by Lodging Econometrics reported fourth-quarter 2022 hotel projects totaled 5,465, up 14% compared to the same period in 2021. Total hotel rooms under construction rose 12% from Q4 2021 to 650,626. Projects in the early planning stages hit a record of 2,348 with 279,912 rooms, increasing from
Canadian Retail Sales Improve Year-Over-Year
Canadian seasonally adjusted retail furniture store sales in November 2022 increased 0.4% from October to $1.18 billion (CAD) but were 5.9% lower than the same month in 2021. Sales for building material dealers fell 3.8% from October to $3.94 billion and dropped 2.4% from 2021. Total Canadian retail sales dipped 0.1% from October to $61.8
December Industry Snapshot Report Available Now
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December U.S. Home Sales Up
U.S. sales of new single-family homes in December 2022 were at a seasonally adjusted annual rate of 616,000, growing 2.3% from November but 26.6% lower than the comparable month in 2021. The seasonally adjusted estimate of new homes for sale at the end of December was 461,000, representing a nine-month supply at the current sales
Kitchen and Bath Cabinet Sales Grow in December
U.S. kitchen and bath cabinet sales in December 2022 were 9.7% higher than the comparable month in 2021 and up 3.1% from November, according to the Kitchen Cabinet Manufacturers Association’s (KCMA) monthly “Trend of Business” member survey. Year-to-date sales increased 16.4% over 2021. Semi-custom sales improved 19.3% from December 2021 and 1.9% from November. Custom
December Architectural Billings Increase Slightly
The December 2022 Architecture Billings Index (ABI) rose 0.9 points to 47.5, according to The American Institute of Architects (AIA) Economics & Market Research Group. A score above 50 indicates growth in billings. Design contracts grew from 46.9 in November to 49.4. December billings were below 50 in all geographic regions. Firms across all sectors
Q4 2022 U.S. Hotel Construction Pipeline Strengthens
The latest U.S. Hotel Construction Pipeline Trend Report by Lodging Econometrics reported fourth-quarter 2022 hotel projects totaled 5,465, up 14% compared to the same period in 2021. Total hotel rooms under construction rose 12% from Q4 2021 to 650,626. Projects in the early planning stages hit a record of 2,348 with 279,912 rooms, increasing from
Canadian Retail Sales Improve Year-Over-Year
Canadian seasonally adjusted retail furniture store sales in November 2022 increased 0.4% from October to $1.18 billion (CAD) but were 5.9% lower than the same month in 2021. Sales for building material dealers fell 3.8% from October to $3.94 billion and dropped 2.4% from 2021. Total Canadian retail sales dipped 0.1% from October to $61.8
December Industry Snapshot Report Available Now
This content is restricted and requires a login to view. 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
