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U.S. Kitchen and Bath Sales Rebound in May

U.S. kitchen and bath cabinet sales in May were 16.9% lower than the comparable month in 2019, and year-to-date totals fell 4.3% from the year-ago period, according to the Kitchen Cabinet Manufacturers Association’s (KCMA) monthly Trend of Business member survey.  Overall cabinet sales were up 10.1% from April. Semi-custom sales rose 7.4% from April but

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Mexico Manufacturing Rises Slightly in June

The IHS Markit Mexico Manufacturing Purchasing Managers’ Index (PMI) was 38.6 in June, increasing just 0.3 points from May. For the fourth consecutive month, new orders and production fell as companies continued to deal with the fallout from the COVID-19 pandemic. Companies also continued to reduce staff and purchasing. Pessimism amongst those surveyed remained high,

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Canadian Housing Starts Higher in June

Canadian housing starts in June totaled 199,655 units, rising from 197,063 in May.  This trend measure is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts. The standalone monthly seasonally adjusted annual rate (SAAR) of Canadian housing starts in June was 8.3% higher than May 2019 at 211,681 units.

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USMCA Enters-Into-Force on July 1

The United States–Mexico–Canada Agreement (USMCA) entered-into-force on July 1, marking the final step in replacing the North America Free Trade Agreement (NAFTA).  The USMCA is now binding on the three North American countries.  Several U.S. government agencies issued regulatory guidance documents in support of the new rules under the USMCA.  Most notably, U.S. Customs and

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Canadian Building Permits Rise in May

Canadian building permits in May increased 20.2% from April to $7.4 billion (CAD) but were down 13.6% from the year-ago period.  This was the largest monthly increase since March 2009. May residential authorizations rose 18.7% from the prior month to $4.8 billion but fell 6.6% below the comparable month in 2019.  Single-family totals reached $1.9

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U.S. Interior Design Billings Increase in May

The Interior Design Billings Index (IDBI), derived from a survey of the American Society of Interior Design (ASID) member-owned firms, rose 24.6 points in May to 43.5, indicating a rebound from COVID-19-related declines. Any score over 50 indicates growth. Designers in the West and Midwest geographic regions saw billings increase, while the North and Southeast

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U.S. Kitchen and Bath Sales Rebound in May

U.S. kitchen and bath cabinet sales in May were 16.9% lower than the comparable month in 2019, and year-to-date totals fell 4.3% from the year-ago period, according to the Kitchen Cabinet Manufacturers Association’s (KCMA) monthly Trend of Business member survey.  Overall cabinet sales were up 10.1% from April. Semi-custom sales rose 7.4% from April but

Read More »

Mexico Manufacturing Rises Slightly in June

The IHS Markit Mexico Manufacturing Purchasing Managers’ Index (PMI) was 38.6 in June, increasing just 0.3 points from May. For the fourth consecutive month, new orders and production fell as companies continued to deal with the fallout from the COVID-19 pandemic. Companies also continued to reduce staff and purchasing. Pessimism amongst those surveyed remained high,

Read More »

Canadian Housing Starts Higher in June

Canadian housing starts in June totaled 199,655 units, rising from 197,063 in May.  This trend measure is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts. The standalone monthly seasonally adjusted annual rate (SAAR) of Canadian housing starts in June was 8.3% higher than May 2019 at 211,681 units.

Read More »

USMCA Enters-Into-Force on July 1

The United States–Mexico–Canada Agreement (USMCA) entered-into-force on July 1, marking the final step in replacing the North America Free Trade Agreement (NAFTA).  The USMCA is now binding on the three North American countries.  Several U.S. government agencies issued regulatory guidance documents in support of the new rules under the USMCA.  Most notably, U.S. Customs and

Read More »

Canadian Building Permits Rise in May

Canadian building permits in May increased 20.2% from April to $7.4 billion (CAD) but were down 13.6% from the year-ago period.  This was the largest monthly increase since March 2009. May residential authorizations rose 18.7% from the prior month to $4.8 billion but fell 6.6% below the comparable month in 2019.  Single-family totals reached $1.9

Read More »

U.S. Interior Design Billings Increase in May

The Interior Design Billings Index (IDBI), derived from a survey of the American Society of Interior Design (ASID) member-owned firms, rose 24.6 points in May to 43.5, indicating a rebound from COVID-19-related declines. Any score over 50 indicates growth. Designers in the West and Midwest geographic regions saw billings increase, while the North and Southeast

Read More »
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