News
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
Roseburg Exploring New MDF Plant
Roseburg, Springfield, OR, announced plans to conduct a feasibility study to potentially locate a second MDF panel plant or a bioenergy production facility in the Western U.S. The study should be concluded in the next few months with a decision expected by the end of 2022. See Roseburg
U.S. Housing Starts Shrink in May
U.S. housing starts in May were at a seasonally adjusted annual rate of 1.55 million, down 14.4% from the revised April figure and 3.5% below the comparable month last year. Single-family starts fell 9.2% from April to 1.05 million. U.S. building permits were at a seasonally adjusted annual rate of 1.7 million, decreasing 7% from
June U.S. Builder Confidence Falls
U.S. builder confidence for new single-family homes in June decreased for the sixth straight month, decreased two points from May to 67, the lowest reading in two years, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions dipped one point to 77 and the
Canadian Construction Investment Increases in April
Canadian building construction investment in April was up 2.7% from March to $20.9 billion (CAD). Residential construction spending grew 3.2% to $15.7 billion over March, and non-residential totals were 1.4% higher in April at $5.3 billion. Single-family spending rose 4.5% from March to $8.8 billion and multi-unit levels increased 1.5% to $6.9 billion in April.
April Canadian Manufacturing Up
Seasonally adjusted Canadian wood product sales in April were $4.5 billion (CAD), down 6% from March and 10.4% lower than the comparable month in 2021. Sales of furniture and related products totaled $1.3 billion, rising 1.1% from March and jumping 22.1% over April 2021. Canadian manufacturing sales for all industries increased 1.7% from March to
Reservations Now Available for CPA Fall 2022 Meeting in Montreal
Hotel reservations are now available for CPA’s Fall 2022 Meeting, September 11-13 at the Fairmont The Queen Elizabeth hotel in Montreal, Quebec. The meeting begins on Sunday with the Welcome Reception at 6:30pm and concludes on Tuesday afternoon with the Board of Directors Meeting. The Fairmont is located approximately 12 miles from the Trudeau International airport