News
Home Affordability Grows in Q3
The recently released NAHB Housing Trend Report noted that home affordability in the third quarter was higher as prospective home buyers had greater incomes and education compared to earlier in the year. The percentage of buyers able to afford at least half of homes available in the U.S. market increased to 31% from 19% in
Canadian Building Permits Decrease in September
Canadian building permits in September dropped 17.5% from August to $10.2 billion (CAD) and were 2.5% lower than the year-ago period. Residential authorizations fell 15.6% from August to $7 billion and were unchanged from September 2021. Single-family totals reached $3.2 billion, down 7.7% from August and were 5.7% higher than the prior year. Multi-family levels shrank 21.2%
October Mexico Manufacturing Remains Slow
The seasonally adjusted S&P Global Mexico Manufacturing Purchasing Managers’ Index (PMI) in October was 50.3, marking no change from September. Manufacturers reported lower demand, supply shortages and liquidity concerns as drivers for the continued slowdown. The PMI index comprises five sub-indices tracking changes in new orders, output, employment, suppliers’ delivery times and stocks of raw
September Industry Snapshot Report Available
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Fastmarkets RISI Particleboard and MDF Commentary Published
The October issue of the Particleboard and MDF Commentary has been published and includes a detailed economic analysis of the North American market. The Commentary is published by Fastmarkets RISI monthly and permits CPA to republish issues on a quarterly basis as a benefit to members. See Particleboard and MDF Commentary
Save the Dates: 2023 CPA Meetings
Save the dates for CPA’s 2023 annual meetings. The Spring Meeting will take place at the Westin La Paloma in Tucson, AZ from April 16-19. The Westin is accessible from the Tucson International Airport. Hotel reservations and meeting registration will be available in January. The Fall Meeting will be held at Lansdowne Resort in Leesburg,
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