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Mexico Manufacturing Remains in Contraction in December

The seasonally adjusted IHS Markit Mexico Manufacturing Purchasing Managers’ Index (PMI) in December 2021 remained steady at 49.4, still in contraction.  Low demand drove declining factory orders and supply-chain issues led to near record input costs and increased supply delivery times. As a result, manufacturers passed higher costs onto consumers. The PMI index is composed

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CPA Welcomes New Member

The CPA Board of Directors recently voted to approve the following Associate Member. PolymerTrend, LLC, Orchard Park, NY, is a new process engineering, surface technology and material science company. The primary representative for membership will be Scott Hain, CEO.  See Scott Hain

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EPA Releases Regulatory Agenda and 2022 Priorities

This week, EPA released its fall Regulatory Agenda and Statement of Priorities for 2022. Notable activities and deadlines relevant to the composite panel industry include: Proposed amendments to the Formaldehyde Emission Standards for Composite Wood Products regulations under TSCA to update multiple voluntary consensus standards referenced in the rule that have been updated, superseded, or

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U.S. Housing Starts Up in November

U.S. housing starts in November were at a seasonally adjusted annual rate of 1.68 million, increasing 11.8% from the revised October estimate and 8.3% higher than the comparable month in 2020. Single-family housing starts rose 11.3% from October to 1.17 million. U.S. building permits in November were at a seasonally adjusted annual rate of 1.71

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Builder Confidence Up Slightly in December

U.S. builder confidence for new single-family homes in December increased one point from November to 84, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions grew one point to 90 and the measurement of sales expectations in the next six months remained at 84

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Canadian Manufacturing Improves in October

Seasonally adjusted Canadian wood product sales in October were $3.55 billion (CAD), up 2% from September and 0.8% higher than the comparable month in 2020. Sales of furniture and related products totaled $1.17 billion, down 0.2% from September but jumped 17.8% from October 2020. Canadian manufacturing sales for all industries rose 4.3% from September to

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Mexico Manufacturing Remains in Contraction in December

The seasonally adjusted IHS Markit Mexico Manufacturing Purchasing Managers’ Index (PMI) in December 2021 remained steady at 49.4, still in contraction.  Low demand drove declining factory orders and supply-chain issues led to near record input costs and increased supply delivery times. As a result, manufacturers passed higher costs onto consumers. The PMI index is composed

Read More »

CPA Welcomes New Member

The CPA Board of Directors recently voted to approve the following Associate Member. PolymerTrend, LLC, Orchard Park, NY, is a new process engineering, surface technology and material science company. The primary representative for membership will be Scott Hain, CEO.  See Scott Hain

Read More »

EPA Releases Regulatory Agenda and 2022 Priorities

This week, EPA released its fall Regulatory Agenda and Statement of Priorities for 2022. Notable activities and deadlines relevant to the composite panel industry include: Proposed amendments to the Formaldehyde Emission Standards for Composite Wood Products regulations under TSCA to update multiple voluntary consensus standards referenced in the rule that have been updated, superseded, or

Read More »

U.S. Housing Starts Up in November

U.S. housing starts in November were at a seasonally adjusted annual rate of 1.68 million, increasing 11.8% from the revised October estimate and 8.3% higher than the comparable month in 2020. Single-family housing starts rose 11.3% from October to 1.17 million. U.S. building permits in November were at a seasonally adjusted annual rate of 1.71

Read More »

Builder Confidence Up Slightly in December

U.S. builder confidence for new single-family homes in December increased one point from November to 84, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions grew one point to 90 and the measurement of sales expectations in the next six months remained at 84

Read More »

Canadian Manufacturing Improves in October

Seasonally adjusted Canadian wood product sales in October were $3.55 billion (CAD), up 2% from September and 0.8% higher than the comparable month in 2020. Sales of furniture and related products totaled $1.17 billion, down 0.2% from September but jumped 17.8% from October 2020. Canadian manufacturing sales for all industries rose 4.3% from September to

Read More »
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