News

U.S. Manufacturing Shipments Post Mixed Results in June

Seasonally adjusted shipments for all U.S. manufacturing industries in June increased 1.6% from May to $499.0 billion. Wood product shipments fell 0.3% in June to $11.72 billion compared to the prior month. June shipments of furniture and related products rose 0.7% to $6.0 billion. New orders for all U.S. manufacturing increased 1.5% from May to

Read More »

May Furniture Orders Up

U.S. residential furniture factory orders in May were up 47% above the comparable month in 2020, when many manufacturers were closed due to COVID-19. Year-to-date orders were up 67% over the first five months of 2020 and 36% higher than the comparable period in 2019. Furniture shipments rose 64% over May 2020 and year-to-date totals

Read More »

Canadian Building Permits Rise in June

Canadian building permits in June grew 6.9% from May to $10.3 billion (CAD) and increased 24.1% from the year-ago period.  Residential authorizations rose 9.1% from May to $7.18 billion and were 29.4% higher than June 2020.  Single-family totals reached $3.44 billion, up 4.7% from May and soaring 60.9% from the prior year.  Multi-family levels jumped

Read More »

Mexico Manufacturing Improves in July

The seasonally adjusted IHS Markit Mexico Manufacturing Purchasing Managers’ Index (PMI) was 49.6 in July, rising 0.8 points from June marking the slowest decline in 17 months.  Orders, production and exports were still down, but contracted at the lowest rate since the pandemic began. The PMI index is composed of five sub-indices tracking changes in

Read More »

U.S. Home Sales Down in June

U.S. sales of new single-family homes in June were at a seasonally adjusted annual rate of 676,000, down 6.6% from May and 19.4% lower than the comparable month last year. The seasonally adjusted estimate of new homes for sale at the end of May was 353,000, representing a 6.3-month supply at the current sales rate.

Read More »

July U.S. Consumer Confidence Steady

U.S. consumer confidence in July registered at 129.1, rising 0.2 points from June and the highest since February 2020, according to The Conference Board Consumer Confidence Index.  The index measuring current business and labor market conditions increased 0.7 points from June to 160.3, while the short-term outlook for income, business and the labor market dipped

Read More »

U.S. Manufacturing Shipments Post Mixed Results in June

Seasonally adjusted shipments for all U.S. manufacturing industries in June increased 1.6% from May to $499.0 billion. Wood product shipments fell 0.3% in June to $11.72 billion compared to the prior month. June shipments of furniture and related products rose 0.7% to $6.0 billion. New orders for all U.S. manufacturing increased 1.5% from May to

Read More »

May Furniture Orders Up

U.S. residential furniture factory orders in May were up 47% above the comparable month in 2020, when many manufacturers were closed due to COVID-19. Year-to-date orders were up 67% over the first five months of 2020 and 36% higher than the comparable period in 2019. Furniture shipments rose 64% over May 2020 and year-to-date totals

Read More »

Canadian Building Permits Rise in June

Canadian building permits in June grew 6.9% from May to $10.3 billion (CAD) and increased 24.1% from the year-ago period.  Residential authorizations rose 9.1% from May to $7.18 billion and were 29.4% higher than June 2020.  Single-family totals reached $3.44 billion, up 4.7% from May and soaring 60.9% from the prior year.  Multi-family levels jumped

Read More »

Mexico Manufacturing Improves in July

The seasonally adjusted IHS Markit Mexico Manufacturing Purchasing Managers’ Index (PMI) was 49.6 in July, rising 0.8 points from June marking the slowest decline in 17 months.  Orders, production and exports were still down, but contracted at the lowest rate since the pandemic began. The PMI index is composed of five sub-indices tracking changes in

Read More »

U.S. Home Sales Down in June

U.S. sales of new single-family homes in June were at a seasonally adjusted annual rate of 676,000, down 6.6% from May and 19.4% lower than the comparable month last year. The seasonally adjusted estimate of new homes for sale at the end of May was 353,000, representing a 6.3-month supply at the current sales rate.

Read More »

July U.S. Consumer Confidence Steady

U.S. consumer confidence in July registered at 129.1, rising 0.2 points from June and the highest since February 2020, according to The Conference Board Consumer Confidence Index.  The index measuring current business and labor market conditions increased 0.7 points from June to 160.3, while the short-term outlook for income, business and the labor market dipped

Read More »
Scroll to Top