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October Safety Report Now Available
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U.S. Builder Confidence Continues to Fall in November
U.S. builder confidence for new single-family homes in November fell for the 11th consecutive month, decreasing five points from October to 33, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions shrunk six points to 39, and the measurement of sales expectations in the
October U.S. Housing Starts Decrease
U.S. housing starts in October were at a seasonally adjusted annual rate of 1.425 million, dropping 4.2% from the revised September figure and 8.8% lower than the comparable month last year. Single-family starts declined 6.1% from September to 855,000. U.S. building permits in October were at a seasonally adjusted annual rate of 1.526 million, decreasing
Home Improvement Retailers Post Increased Sales
The world’s two largest home improvement retailers published third quarter 2022 financial results. The Home Depot, Atlanta, GA, reported third quarter net sales of $38.9 billion, up 5.6% over the comparable period in 2021. Net quarterly earnings rose 5.1% from the same three months of 2021 to $4.3 billion. See The Home Depot The Lowe’s
September Canadian Manufacturing Up Year Over Year
Seasonally adjusted Canadian wood product sales in September were $3.6 billion (CAD), down 2.3% from August but 0.7% higher than the comparable month in 2021. Sales of furniture and related products totaled $1.3 billion, increasing 0.9% from August and jumping 10.9% over September 2021. Canadian manufacturing sales for all industries were $70.4 billion, marking no
Canadian Housing Starts Drop in October
The monthly standalone seasonally adjusted annual rate (SAAR) of Canadian housing starts in October was 267,055 units, 11% lower than in September. The SAAR of urban starts also fell 11% from September to 245,234. Multiple urban starts declined 13% to 188,189 and single-family levels dipped 4% from September to 57,045. The trend in housing starts
CPA 2026 Fall Meeting Highlights
The 2026 Fall Meeting wrapped up last week in Savannah, GA, with amazing weather and a great location that brought members together for networking, committee meetings, and timely presentations. General Session presentations are now available on the CPA website, including Scott Lincicome of the Cato Institute on North American trade policy and Edie Sonne Hall
Registration Open for PCWP Compliance Workshop
CPA members are eligible to attend the upcoming workshop, From Rule to Practice: PCWP MACT Compliance Workshop, hosted by the National Council for Air and Stream Improvement, Inc. (NCASI) and the American Wood Council (AWC) on December 9-10. The workshop will provide facility personnel with guidance on creating practical compliance plans for implementing the requirements
Forestry Analytics for Carbon Tracking (FACT) Platform Beta Launch
On October 5, the U.S. Forest Service and the U.S. Endowment for Forestry and Communities announced the Beta launch of the FACT platform, a science-based tool using standardized methods that help forest landowners and wood products manufacturers calculate carbon impacts across value chains. The Beta tool is publicly accessible, allowing users to test and provide
U.S. Consumer Confidence Declines Significantly in September
U.S. consumer confidence measured 81.9 in September, decreasing 6.7 points from the adjusted August reading, according to The Conference Board Consumer Confidence Index. The index gauging current business and labor market conditions fell 7.9 points in September to 109.3. The short-term outlook index for income, business, and labor markets slid 5.9 points to 63.6. See
August U.S. Construction Spending Improves from Prior Month
U.S. construction spending in August reached a seasonally adjusted annual rate of $2.20 trillion, increasing 0.9% from July but 1.7% below year-over-year. Total public and private residential spending grew 1.1% month-over-month to $894.60 billion, but down 4.8% from August 2025. Non-residential spending totaled $1.31 trillion, 0.7% higher than in July and up 0.5% from the
U.S. Wood Product Shipments Down in August
Seasonally adjusted shipments for all U.S. manufacturing industries held steady in August at $658.6 billion. Wood products slipped 0.1% to $13.9 billion in August, while furniture and related product shipments dipped 0.2% from July to $7.7 billion. New manufacturing orders inched up 0.1% from July to $663.5 billion. Orders for furniture and related products shrunk