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U.S. Builder Confidence Up in April

U.S. builder confidence for new single-family homes in April increased 1 point from March to 83 points on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component measuring current sales conditions rose 1 point in April to 88 and sales expectations in the next six months lost 2 points from

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Canadian Construction Investment Up in February

Canadian building construction investment in February grew 4.2% from January to a record $16.8 billion (CAD). Residential construction reached an all-time high of $12.3 billion, while non-residential totals inched up by 0.2% in February to $4.5 billion. Single-family spending increased for the fifth straight month, rising 9.4% to $6.7 billion in February, and multi-unit levels

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February Canadian Wood Product Manufacturing Soars Over 2020

Seasonally adjusted Canadian wood product sales in February were $4.27 billion (CAD), increasing 4.0% from January and jumping 69.4% from the comparable month in 2020. Sales of furniture and related products totaled $985 billion, decreasing 11.6% from January and 9.6% lower than February 2020. Canadian manufacturing sales for all industries were down 1.6% from January

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U.S. Led Worldwide Hotel Openings in Q1 2021

The U.S. opened 220 new hotel properties representing 26,057 rooms during the first quarter of 2021, more than any other country globally, according to research by STR.  The number of rooms currently under construction is 186,269, down from April 2020’s record construction peak of 220,207.  New York City led in construction with 21,055 rooms, followed

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CPA Seeks Safety Innovation Award Nominations

CPA’s Production-Technical Committee invites members to submit a nomination for the 2020 Safety Innovation Award which recognizes new policies, processes or technology with the goal of facilitating industry-wide best practices. This award highlights a proactive safety project implemented by a member company in 2020.  All CPA members are eligible. The submission deadline is April 19.

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U.S. Builder Confidence Up in April

U.S. builder confidence for new single-family homes in April increased 1 point from March to 83 points on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component measuring current sales conditions rose 1 point in April to 88 and sales expectations in the next six months lost 2 points from

Read More »

Canadian Construction Investment Up in February

Canadian building construction investment in February grew 4.2% from January to a record $16.8 billion (CAD). Residential construction reached an all-time high of $12.3 billion, while non-residential totals inched up by 0.2% in February to $4.5 billion. Single-family spending increased for the fifth straight month, rising 9.4% to $6.7 billion in February, and multi-unit levels

Read More »

February Canadian Wood Product Manufacturing Soars Over 2020

Seasonally adjusted Canadian wood product sales in February were $4.27 billion (CAD), increasing 4.0% from January and jumping 69.4% from the comparable month in 2020. Sales of furniture and related products totaled $985 billion, decreasing 11.6% from January and 9.6% lower than February 2020. Canadian manufacturing sales for all industries were down 1.6% from January

Read More »

U.S. Led Worldwide Hotel Openings in Q1 2021

The U.S. opened 220 new hotel properties representing 26,057 rooms during the first quarter of 2021, more than any other country globally, according to research by STR.  The number of rooms currently under construction is 186,269, down from April 2020’s record construction peak of 220,207.  New York City led in construction with 21,055 rooms, followed

Read More »

CPA Seeks Safety Innovation Award Nominations

CPA’s Production-Technical Committee invites members to submit a nomination for the 2020 Safety Innovation Award which recognizes new policies, processes or technology with the goal of facilitating industry-wide best practices. This award highlights a proactive safety project implemented by a member company in 2020.  All CPA members are eligible. The submission deadline is April 19.

Read More »
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