News
June Safety Report Now Available
The June 2026 Safety Report is Now Ready for Members to Review
Fall Meeting Hotel Deadline Announced; Exhibit Spaces Available
The deadline to reserve rooms for CPA’s Fall Meeting, September 27-29, at the Hyatt Regency in Savannah, Georgia, is September 4, which is fast approaching. The hotel is expected to sell out each night, so attendees are encouraged to reserve their hotel rooms at the special group rate as soon as possible to secure the
Save the Date: CPA’s 2027 Spring Meeting
CPA’s Spring Meeting will be held from April 18-21 at the Westin La Paloma Resort & Spa, a AAA Four-Diamond hotel in the Sonoran Desert in Tucson, Arizona. More details will be shared closer to the event. See Annual Meetings. More Info: Anna Linehan
U.S. Consumer Confidence Down in July
U.S. consumer confidence registered at 90.8 in July, a decline of 1.4 points from the adjusted June reading, according to The Conference Board Consumer Confidence Index. The index measuring current business and labor market conditions dropped 3.6 points in July to 114.9. The short-term outlook index for the income, business, and labor markets held steady
June U.S. New Home Sales Increase Month-over-Month
U.S. sales of new single-family homes in June were at a seasonally adjusted annual rate of 628,000, increasing 1.6% from May but 5.6% lower than the comparable month in 2025. The seasonally adjusted estimate of new homes for sale in June was 485,000, indicating a 9.3-month supply at the existing sales rate. This is 0.2%
Harvard LIRA Predicts Continued Remodeling Softening
The Leading Indicator of Remodeling Activity (LIRA) predicts that remodeling and repair spending will decelerate to a rate of 0.5% by the second quarter of 2027, totaling a projected $519 billion, according to the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. Remodeling and repair spending in the second quarter
CPA Fall Meeting Registration Continues; Sponsorships Available
Registration continues for CPA’s 2026 Fall Meeting in Savannah, GA, from September 27-29, at the Hyatt Regency, conveniently located near Savannah/Hilton Head International Airport (SAV). Attendees are encouraged to reserve hotel rooms at the special group rate as soon as possible, as the hotel is expected to sell out. The discount rate is available through
New EU Formaldehyde Regulation in Effect; CPA Provides Testing Support
On August 6, 2026, the European regulation, EU 2023/1464, went into force, which sets a new formaldehyde emission compliance benchmark for composite panels and finished products. The new regulation, which amends REACH Annex XVII to Regulation (EC) No 1907/2006 of the European Parliament and of the Council, impacts manufacturers, distributors, specifiers, and importers operating within
Canada Imposes Provisional Tariff on Imports of Wood Products
On July 31, the Canadian Government announced a provisional 25% tariff on certain imports of wood products, excluding the U.S. and Mexico, among other countries. The temporary tariff is intended to address immediate challenges facing domestic manufacturers while the Canadian International Trade Tribunal (CIIT) safeguard inquiry is ongoing. The safeguard inquiry, announced in April 2026,
U.S. Wood Product Shipments Up in June
Seasonally adjusted shipments for all U.S. manufacturing industries totaled $652.1 billion in June, a 0.2% decrease from May. Wood products rose 0.4% to $14.0 billion in June, while furniture and related product shipments fell 0.5% to $7.6 billion. New manufacturing orders were 0.3% lower than May at $656.5 billion. Orders for furniture and related products
June U.S. Construction Spending Weakens
U.S. construction spending in June reached a seasonally adjusted annual rate of $2.17 trillion, decreasing 0.1% from May and 3.2% year-over-year. Total public and private residential spending declined 0.3% month-over-month and 4.7% from June 2025 to $889.37 billion. Non-residential spending totaled $1.28 trillion, 0.1% higher than May but down 2.1% from the same month last
U.S. Manufacturing Index Flat in July
The seasonally adjusted S&P Global U.S. Manufacturing Purchasing Managers’ Index (PMI) for July remained level with June at 53.9, the twelfth consecutive month above the growth point of 50. Manufacturers reported further gains in new orders and output, though the pace of both slowed, while employment edged up slightly. The PMI index comprises five sub-indices