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U.S. Manufacturing Shipments Up in December

Seasonally adjusted shipments for all U.S. manufacturing industries in December 2020 rose 1.7% from November to $501.82 billion. Wood product shipments grew 1.8% from November to $10.48 billion. December shipments of furniture and related products increased 0.6% to $6.62 billion. New orders for all U.S. manufacturing increased for the seventh straight month, up 1.1% from

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U.S. Consumer Confidence Strong in January

U.S. consumer confidence in January registered at 89.3, rising 2.2 points from December 2020, according to The Conference Board Consumer Confidence Index.  The index measuring current business and labor market conditions dropped 2.8 points from December to 84.4, while the short-term outlook for income, business and the labor market jumped 5.5 points to 92.5 in

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U.S. Furniture Sales Continue to Rise in November

U.S. residential furniture factory orders in November 2020 rose 17% above the comparable month in 2019 with nearly 75% of manufacturers reporting increases, according to a recent survey of manufacturers and distributors. A strong November helped year-to-date orders grow 14% from 2019, with 66% of survey respondents reporting higher levels than the year prior. Furniture

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U.S. Kitchen and Bath Sales Jump in December

U.S. kitchen and bath cabinet sales in December 2020 were 11.6% higher than the comparable month in 2019 but fell 0.2% from November, according to the Kitchen Cabinet Manufacturers Association’s (KCMA) monthly Trend of Business member survey.  2020 cabinet sales rose 2.0% from 2019. Semi-custom sales increased 12.5% from December 2019 but declined 1.9% compared

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U.S. RV Shipments Reaches Record for December

The U.S. RV Industry Association’s monthly survey of manufacturers reported that monthly shipments were 40,382 units, the highest December on record, rising 46.8% from the comparable month in 2019. 2020 RV shipments ended the year up 6.0% at 430,412, compared to 2019. See RV Industry Association

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Mexico Manufacturing PMI Improves in January

The seasonally adjusted IHS Markit Mexico Manufacturing Purchasing Managers’ Index (PMI) in January was 43.0, up 0.6 points from December 2020, despite it being the eleventh straight month of contraction. Lower sales and shutdowns led to another month of decreased factory production and layoffs. The PMI index is composed of five sub-indices tracking changes in

Read More »

U.S. Manufacturing Shipments Up in December

Seasonally adjusted shipments for all U.S. manufacturing industries in December 2020 rose 1.7% from November to $501.82 billion. Wood product shipments grew 1.8% from November to $10.48 billion. December shipments of furniture and related products increased 0.6% to $6.62 billion. New orders for all U.S. manufacturing increased for the seventh straight month, up 1.1% from

Read More »

U.S. Consumer Confidence Strong in January

U.S. consumer confidence in January registered at 89.3, rising 2.2 points from December 2020, according to The Conference Board Consumer Confidence Index.  The index measuring current business and labor market conditions dropped 2.8 points from December to 84.4, while the short-term outlook for income, business and the labor market jumped 5.5 points to 92.5 in

Read More »

U.S. Furniture Sales Continue to Rise in November

U.S. residential furniture factory orders in November 2020 rose 17% above the comparable month in 2019 with nearly 75% of manufacturers reporting increases, according to a recent survey of manufacturers and distributors. A strong November helped year-to-date orders grow 14% from 2019, with 66% of survey respondents reporting higher levels than the year prior. Furniture

Read More »

U.S. Kitchen and Bath Sales Jump in December

U.S. kitchen and bath cabinet sales in December 2020 were 11.6% higher than the comparable month in 2019 but fell 0.2% from November, according to the Kitchen Cabinet Manufacturers Association’s (KCMA) monthly Trend of Business member survey.  2020 cabinet sales rose 2.0% from 2019. Semi-custom sales increased 12.5% from December 2019 but declined 1.9% compared

Read More »

U.S. RV Shipments Reaches Record for December

The U.S. RV Industry Association’s monthly survey of manufacturers reported that monthly shipments were 40,382 units, the highest December on record, rising 46.8% from the comparable month in 2019. 2020 RV shipments ended the year up 6.0% at 430,412, compared to 2019. See RV Industry Association

Read More »

Mexico Manufacturing PMI Improves in January

The seasonally adjusted IHS Markit Mexico Manufacturing Purchasing Managers’ Index (PMI) in January was 43.0, up 0.6 points from December 2020, despite it being the eleventh straight month of contraction. Lower sales and shutdowns led to another month of decreased factory production and layoffs. The PMI index is composed of five sub-indices tracking changes in

Read More »
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