News
Construction Investment Dips in Canada
Canadian building construction investment in May decreased 1.2% from April to $19.9 billion (CAD). Residential construction spending dropped 1.7% from April to $14 billion. Seasonally adjusted single-family construction spending was 2.9% lower than April at $7.4 billion. Multi-unit levels dipped 0.3% to $6.7 billion in May. Non-residential totals were level with April at $5.9 billion.
June Canadian Housing Starts Up
The monthly standalone seasonally adjusted annual rate (SAAR) of Canadian housing starts in June was 281,373 units, 40.7% higher than May. The SAAR of urban starts grew 45.7% from the previous month to 262,815. Multiple urban starts rose 58.7% to 219,914, while single-family levels increased 2.7% from May to 42,901. The trend in housing starts
May Canadian Furniture Retail Sales Down
Canadian seasonally adjusted retail furniture store sales in May decreased 3.1% from April to $1.17 billion (CAD) and were 8.9% lower than the same month in 2022. Sales for building material dealers dipped 1.5% from April to $3.86 billion, dropping 8.6% from May 2022. Total Canadian retail sales grew 0.2% from April to $66 billion
Fall Meeting Registration Ongoing
Registration for CPA’s 2023 Fall Meeting, October 22 to 24, at the Lansdowne Resort in Leesburg, Virginia, continues. The resort is located 12 miles from the Washington Dulles Airport (IAD) and is accessible to Reagan National (DCA) and Baltimore Washington (BWI) airports. Hotel reservations can be made at the discounted room rate of $279 through
Exhibit and Sponsor Opportunities Available
CPA members can showcase products and services through a tabletop exhibit session and sponsorships at the upcoming Fall Meeting. Benefits include spotlights on the CPA website and social media and in the attendee packets. Exhibit details and information about sponsorships are available online. See CPA Annual Meetings. More Info: Allyson O’Sullivan
Call for CPA Innovation Award Nominations Continues
CPA’s new Innovation Awards program was launched earlier this month. All members are encouraged to make a submission by the August 15 deadline. Managed and developed 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 an additional awards program
July Safety Report Now Available
The July Safety Report Is Now Ready for Members to Download
Fall Meeting Attendee List Published; Hotel Reservation Deadline Extended
The Fall Meeting attendee list is now available online, featuring representatives from more than 60 member companies. Rooms for the September 27-29 meeting at the Hyatt Regency Savannah must be reserved by September 9 to secure the discounted group rate. Current meeting details and hotel reservation information are available online. See Annual Meetings. More Info: Anna
Unilin Names New CEO
Unilin announced the appointment of An Nuyttens as CEO. She will join the company in mid-October, succeeding Paul De Cock, who will become CEO of Mohawk Industries on September 30. Nuyttens brings over 30 years’ experience to the role, most recently serving in executive positions at Solvay. Unilin is a global manufacturer of panels and
August U.S. Consumer Confidence Dips
U.S. consumer confidence measured 89.4 in August, a decrease of 0.8 points from the adjusted July reading, according to The Conference Board Consumer Confidence Index. The index gauging current business and labor market conditions climbed 6.8 points in August to 121.2. The short-term outlook index for income, business, and labor markets slid 5.8 points to
U.S. New Home Sales Down in July
U.S. sales of new single-family homes in July were at a seasonally adjusted annual rate of 607,000, falling 10.5% from June and 6.3% below the comparable month in 2025. The seasonally adjusted estimate of new homes for sale in July was 488,000, representing a 9.6-month supply at the existing sales rate. This is 1.9% higher
July U.S. Construction Spending Weakens
U.S. construction spending in July reached a seasonally adjusted annual rate of $2.16 trillion, decreasing 0.5% from June and 3.8% year-over-year. Total public and private residential spending declined 1.3% month-over-month and 7.3% from July 2025 to $871.21 billion. Non-residential spending totaled $1.29 trillion, 0.1% higher than June but down 1.3% from the same month last