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Lab Staffing Update

This week CPA welcomed Tim Smiley to the lab staff of the International Testing Center (ITC) as Quality Manager.  This position is responsible for overseeing and maintaining the overall quality management system that supports the strict accreditation requirements for the laboratory under ISO 17025-2017. Tim earned a B.S. degree in Chemistry from Missouri University of

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NAM-Sponsored Study Assesses Potential Impact of Suggested Corporate Tax Changes

The National Association of Manufacturers (NAM) recently released a new study analyzing the potential economic impact of proposed corporate tax changes associated with the Biden Administration’s “American Jobs Plan.”  The study concludes that the suggested changes, including raising the corporate tax rate from 21% to 28%, would harm the U.S. economy and impact long-term job

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U.S. Construction Down in February

U.S. construction spending in February was estimated at a seasonally adjusted annual rate of $1.52 trillion, down 0.8% from January but up 5.3% from the year prior.  Private construction spending decreased 0.5% from January to a seasonally adjusted annual rate of $1.17 trillion.  Residential levels for February fell 0.2% from the previous month to $717.9

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Home Remodeling Activity Increases Sharply

U.S. remodeling activity in the first quarter rose 7 points to 86 from the previous three months and was 38 points higher than the same period in 2020, according to the National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI). The current market conditions indicator increased 4 points to 89 and the future market

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U.S. Consumer Confidence Jumps in March

U.S. consumer confidence in March registered at 109.7, rising 19.3 points from February and the highest level in a year, according to The Conference Board Consumer Confidence Index.  The index measuring current business and labor market conditions gained 20.4 points from February to 110.0, while the short-term outlook for income, business and the labor market

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January Furniture Sales Up

U.S. residential furniture factory orders in January rose 27% above the comparable month in 2020 with nearly 77% of manufacturers reporting increases, according to a recent survey of manufacturers and distributors. Orders were down 2% from December 2020. Furniture shipments increased 7% over January 2020 but were down 5% from December 2020. With new orders

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Lab Staffing Update

This week CPA welcomed Tim Smiley to the lab staff of the International Testing Center (ITC) as Quality Manager.  This position is responsible for overseeing and maintaining the overall quality management system that supports the strict accreditation requirements for the laboratory under ISO 17025-2017. Tim earned a B.S. degree in Chemistry from Missouri University of

Read More »

NAM-Sponsored Study Assesses Potential Impact of Suggested Corporate Tax Changes

The National Association of Manufacturers (NAM) recently released a new study analyzing the potential economic impact of proposed corporate tax changes associated with the Biden Administration’s “American Jobs Plan.”  The study concludes that the suggested changes, including raising the corporate tax rate from 21% to 28%, would harm the U.S. economy and impact long-term job

Read More »

U.S. Construction Down in February

U.S. construction spending in February was estimated at a seasonally adjusted annual rate of $1.52 trillion, down 0.8% from January but up 5.3% from the year prior.  Private construction spending decreased 0.5% from January to a seasonally adjusted annual rate of $1.17 trillion.  Residential levels for February fell 0.2% from the previous month to $717.9

Read More »

Home Remodeling Activity Increases Sharply

U.S. remodeling activity in the first quarter rose 7 points to 86 from the previous three months and was 38 points higher than the same period in 2020, according to the National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI). The current market conditions indicator increased 4 points to 89 and the future market

Read More »

U.S. Consumer Confidence Jumps in March

U.S. consumer confidence in March registered at 109.7, rising 19.3 points from February and the highest level in a year, according to The Conference Board Consumer Confidence Index.  The index measuring current business and labor market conditions gained 20.4 points from February to 110.0, while the short-term outlook for income, business and the labor market

Read More »

January Furniture Sales Up

U.S. residential furniture factory orders in January rose 27% above the comparable month in 2020 with nearly 77% of manufacturers reporting increases, according to a recent survey of manufacturers and distributors. Orders were down 2% from December 2020. Furniture shipments increased 7% over January 2020 but were down 5% from December 2020. With new orders

Read More »
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