News

From the President’s Desk

My how time flies.  I am now five weeks into my tenure at CPA.  I have spent the initial weeks meeting with CPA staff to get up to speed on the association programs and services.  I have also begun the process of meeting one-on-one with members.  These sessions have been very informative, providing me with

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Mexico Manufacturing Increases in August

The IHS Markit Mexico Manufacturing Purchasing Managers’ Index (PMI) was 41.3 in August, increasing 0.9 points from July. Conditions, though still in contraction, have improved for the last four months. The rate of workforce contractions also improved to its best conditions since March, but lack of demand caused production to continue to fall sharply. The

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Canadian Building Permits Down in July

Canadian building permits in July fell 3.0% from June to $7.8 billion (CAD) and were down 9.6% from the year-ago period.  July residential authorizations dropped 6.2% from the prior month to $5.1 billion and decreased 1.4% from the comparable month in 2019.  Single-family totals reached $2.2 billion, up 3.9% from June but shrinking 3.1% from

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July U.S. Kitchen and Bath Sales Rise

U.S. kitchen and bath cabinet sales in July were 3.0% higher than the comparable month in 2019, but year-to-date totals dropped 2.9% from the year-ago period, according to the Kitchen Cabinet Manufacturers Association’s (KCMA) monthly Trend of Business member survey.  Overall cabinet sales were down 5.8% from June. Semi-custom sales rose 2.6% from June but

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U.S. Furniture Orders Soar in June

U.S. residential furniture factory orders in June rose 30% from the comparable month in 2019, according to a recent survey of manufacturers and distributors. Year-to-date orders were 16% lower than the same period last year. Of those surveyed, 73% reported higher orders than June 2019. Shipments rose 44.2% over May but decreased 7.5% from June

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From the President’s Desk

My how time flies.  I am now five weeks into my tenure at CPA.  I have spent the initial weeks meeting with CPA staff to get up to speed on the association programs and services.  I have also begun the process of meeting one-on-one with members.  These sessions have been very informative, providing me with

Read More »

Mexico Manufacturing Increases in August

The IHS Markit Mexico Manufacturing Purchasing Managers’ Index (PMI) was 41.3 in August, increasing 0.9 points from July. Conditions, though still in contraction, have improved for the last four months. The rate of workforce contractions also improved to its best conditions since March, but lack of demand caused production to continue to fall sharply. The

Read More »

Canadian Building Permits Down in July

Canadian building permits in July fell 3.0% from June to $7.8 billion (CAD) and were down 9.6% from the year-ago period.  July residential authorizations dropped 6.2% from the prior month to $5.1 billion and decreased 1.4% from the comparable month in 2019.  Single-family totals reached $2.2 billion, up 3.9% from June but shrinking 3.1% from

Read More »

July U.S. Kitchen and Bath Sales Rise

U.S. kitchen and bath cabinet sales in July were 3.0% higher than the comparable month in 2019, but year-to-date totals dropped 2.9% from the year-ago period, according to the Kitchen Cabinet Manufacturers Association’s (KCMA) monthly Trend of Business member survey.  Overall cabinet sales were down 5.8% from June. Semi-custom sales rose 2.6% from June but

Read More »

U.S. Furniture Orders Soar in June

U.S. residential furniture factory orders in June rose 30% from the comparable month in 2019, according to a recent survey of manufacturers and distributors. Year-to-date orders were 16% lower than the same period last year. Of those surveyed, 73% reported higher orders than June 2019. Shipments rose 44.2% over May but decreased 7.5% from June

Read More »
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