News

July U.S. Residential Furniture Orders and Shipments Increase

July U.S. residential furniture factory orders grew 5% from June and 9% over the same month in 2025. New orders were 5% ahead of the first seven months of 2025. Furniture shipments gained 3% from June and were 8% stronger than July 2025. Year-to-date shipments increased 1% above 2025. Backlogs increased 2% from the prior

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U.S. Manufacturing Index Remains Strong in September

The seasonally adjusted S&P Global U.S. Manufacturing Purchasing Managers’ Index (PMI) for September climbed two points to 55.9 from August, its highest reading since May 2022 and the fourteenth consecutive month above the neutral mark of 50. Manufacturers reported gains in output, new orders, and employment due to domestic demand, while export sales declined for

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September Canadian Manufacturing Dips

In September, the seasonally adjusted S&P Global Canada Manufacturing Purchasing Managers’ Index (PMI) registered 51.5, declining 1.5 points from August, but held above 50 for the sixth straight month. New orders slipped for the first time since March as tariffs reduced client demand and export sales fell for a fourth consecutive month, primarily from U.S.

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Mexico Manufacturing Improves in September

The September seasonally adjusted S&P Global Mexico Manufacturing Purchasing Managers’ Index (PMI) edged up 0.5 point to 50.3 from August, moving above the neutral 50 threshold and indicating marginal growth. Production declined for the 27th consecutive month, though at a slower rate than in August, while new orders expanded for a fifth straight month and

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CPA Submits Priorities for Canadian 2024 Pre-budget Consultation

The Canadian House of Commons Standing Committee on Finance (FINA) is seeking input on priorities for the 2024 federal budget through its annual pre-budget consultation process. CPA submitted five recommendations for consideration, including support for supply chain disruptions attributable to forest fires, dedicated funding for sector capital projects and decarbonization initiatives, credit creation opportunities for

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August 15 Deadline Approaching for Innovation Award Submissions

The submission deadline for the new Innovation Awards program is Tuesday, August 15. Developed and managed by CPA’s Decorative Surfaces Council (DSC), the program recognizes significant and creative advances in technology, product development and service solutions in the industry. This is a separate award from the current recognition program for plant safety innovation at manufacturing

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CPA LinkedIn Initiative Continues

CPA launched a LinkedIn initiative earlier this month to promote member involvement and volunteerism and to foster networking within the industry. Members can now proudly display a “member badge” on their LinkedIn profile and add volunteer positions through CPA boards, committees, subcommittees and task groups to enhance their professional experience. This initiative was developed through

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June U.S. Manufacturing Shipments Strengthen

Seasonally adjusted shipments for all U.S. manufacturing industries in June increased 0.1% from May to $573.9 billion. Wood product shipments were down 0.4% in June to $13.3 billion compared to the prior month. Shipments of furniture and related products grew 0.7% from May to $6.9 billion. New orders for all U.S. manufacturing improved 2.3% from

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U.S. Manufacturing Index Decline Tempers in July

The seasonally adjusted S&P Global U.S. Manufacturing Purchasing Managers’ Index (PMI) in July was 49, increasing 2.7 points from June. Manufacturers reported a continued decrease in new orders but a boost in employment as the industry outlook improved. The PMI index comprises five sub-indices tracking changes in new orders, output, employment, suppliers’ delivery times and

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Q2 Canadian Hotel Construction Projects Expand

Canadian hotel construction projects in Q2 2023 rose 5% from 2022 to 275, representing 37,359 rooms. Projects planned for the next 12 months dropped 10% compared to Q2 2022, with 88 projects and 10,086 rooms anticipated. Construction in the “early planning stage” grew 30% to 135 projects representing 20,252 rooms. See Canadian Lodging Econometrics

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