News
Mexico Manufacturing Improves in February
The seasonally adjusted IHS Markit Mexico Manufacturing Purchasing Managers’ Index (PMI) in February improved by 1.9 points from January to 48.0, though still in contraction. Business confidence improved from January’s record low, but manufacturers continued to report scarcity issues, decreased orders and lingering pandemic issues. The PMI index is composed of five sub-indices tracking changes
Industry Snapshot Available to Members
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Spring Meeting Registration Continues
Registration continues for CPA’s 2022 Spring Meeting which takes place from May 1-3 (departure on the 4th) at the Laguna Cliffs Marriott in Dana Point, CA. The meeting begins on Sunday with the annual golf tournament at 8am followed by the Welcome Reception at 6pm. The meeting concludes Tuesday evening with the Chairman’s Dinner following a
National Pollutant Release Inventory Notice for 2022-2024 Reporting Years Published
On February 12, Environment and Climate Change Canada (ECCC) published the National Pollutant Release Inventory (NPRI) reporting requirements for the 2022-2024 reporting years. The most notable changes from prior years pertain to individual stack reporting for criteria air contaminants (CACs) (i.e., carbon monoxide, nitrogen oxides, particulate matter (all size fractions), sulphur dioxide, and total volatile
U.S. Home Sales Fall in January
U.S. sales of new single-family homes in January were at a seasonally adjusted annual rate of 801,000, down 4.5% from December 2021 and decreased 19.3% from the comparable month last year. The seasonally adjusted estimate of new homes for sale at the end of January was 406,000, representing a 6.1-month supply at the current sales
Home Improvement Retailers Post Strong Results
The world’s two largest home improvement retailers published fourth quarter 2021 financial results. The Home Depot, Atlanta, GA, reported fourth quarter net sales of $35.7. billion, up 10.7% over the comparable period in 2020. Net quarterly earnings rose 17.3% from the fourth quarter in 2020 to $3.4 billion. Annual net earnings for 2021 grew 27.7%
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