U.S. Furniture and Retail Sales Increase in August

Seasonally adjusted advance estimates of furniture and home furnishing retail sales rose 2.1% from July to $10.23 billion in August and were up 3.8% over the comparable month in 2019. Building material and garden equipment and supplies sales improved to a seasonally adjusted estimate of $37.3 billion, an increase of 2.0% from July, and were

Read More »

U.S. Builder Confidence Reaches a Record High in September

U.S. builder confidence for new single-family homes in September rose 5 points from August to 83 points, a record high for the 35-year history of the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions climbed 4 points to 88 and the measurement of sales expectations in

Read More »

U.S. Housing Starts Up Over August 2019

U.S. housing starts in August were at a seasonally adjusted annual rate of 1.42 million, down 5.1% from the revised July estimate but 2.8% higher than the comparable month last year. Single-family housing starts increased 4.1% from July to 1.02 million. U.S. building permits in August were at a seasonally adjusted annual rate of 1.47

Read More »

U.S. Department of Labor Approves Woodworking Apprenticeship Program

The U.S. Department of Labor approved an apprenticeship for “woodwork manufacturing specialists.” The program allows woodworking companies to train apprentices while potentially qualifying for state tax incentives and federal workforce funds. Apprentices receive a national, accredited credential as a registered specialist and veterans could earn additional stipends through GI Bill benefits. See Woodworking Network and US Department of

Read More »

Canadian Housing Starts Increase in August

The standalone monthly seasonally adjusted annual rate (SAAR) of Canadian housing starts in August was 262,396 units, up 6.9% from July. The SAAR of urban starts rose 7.1% in August to 248,154. Multiple urban starts grew 9.1% to 201,214, but single-family levels fell 1.0% to 46,940 from July. The Canada Mortgage and Housing Corporation (CMHC)

Read More »

U.S. Furniture and Retail Sales Increase in August

Seasonally adjusted advance estimates of furniture and home furnishing retail sales rose 2.1% from July to $10.23 billion in August and were up 3.8% over the comparable month in 2019. Building material and garden equipment and supplies sales improved to a seasonally adjusted estimate of $37.3 billion, an increase of 2.0% from July, and were

Read More »

U.S. Builder Confidence Reaches a Record High in September

U.S. builder confidence for new single-family homes in September rose 5 points from August to 83 points, a record high for the 35-year history of the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions climbed 4 points to 88 and the measurement of sales expectations in

Read More »

U.S. Housing Starts Up Over August 2019

U.S. housing starts in August were at a seasonally adjusted annual rate of 1.42 million, down 5.1% from the revised July estimate but 2.8% higher than the comparable month last year. Single-family housing starts increased 4.1% from July to 1.02 million. U.S. building permits in August were at a seasonally adjusted annual rate of 1.47

Read More »

U.S. Department of Labor Approves Woodworking Apprenticeship Program

The U.S. Department of Labor approved an apprenticeship for “woodwork manufacturing specialists.” The program allows woodworking companies to train apprentices while potentially qualifying for state tax incentives and federal workforce funds. Apprentices receive a national, accredited credential as a registered specialist and veterans could earn additional stipends through GI Bill benefits. See Woodworking Network and US Department of

Read More »

Canadian Housing Starts Increase in August

The standalone monthly seasonally adjusted annual rate (SAAR) of Canadian housing starts in August was 262,396 units, up 6.9% from July. The SAAR of urban starts rose 7.1% in August to 248,154. Multiple urban starts grew 9.1% to 201,214, but single-family levels fell 1.0% to 46,940 from July. The Canada Mortgage and Housing Corporation (CMHC)

Read More »
Scroll to Top