The Sustainable Furnishings Council and the National Wildlife Federation have begun their assessment of over 100 North American furniture retailers on their wood sourcing policies. The scorecard will be released in November, which gauges the year-over-year progress of furniture retailers and their sustainability practices.

American Woodmark Corporation said that it achieved strong operational and commercial performance in its fiscal year 2024, and the company is projecting fiscal 2025 net sales to increase low single digits and deliver Adjusted EBITDA in the range of $235 to $255.

The Corporate Partner program recognizes industry suppliers that support ISFD's mission. Canadian Wood promotes the use of environmentally friendly forest products from British Columbia.

Manufacturing sales in Canada increased 1.2% in April, with the transportation equipment subsector leading the gains, according to an advance estimate by Statistics Canada.

The Fenestration and Glazing Industry Alliance released the 2024/2025 study of the U.S. Market for windows, doors, and skylights. This bi-annual report delivers information on residential and non-residential market trends.

Mortgage rates that averaged above 7% since mid-April per Freddie Mac data acted as a drag on new home sales last month, according to a new National Association of Home BuildersSales of newly built, single-family homes in April fell 4.7% to a 634,000 seasonally adjusted annual rate from a downwardly revised reading in March, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The pace of new home sales in April is down 7.7% from a year earlier.

The workshop will address the industry's ongoing challenge to recruit, train, and retain productive woodworkers.

Container rates spiked, while the Commercial/Contract Furniture Index (+2.3%) outperformed the broader market indexes (all three up +1.6%) and our Mass Retailers Index (+0.6%) last week. Residential Manufacturers & Suppliers (-3.8%) and Home Goods Retailers (-2.8%) trailed.

1847 Holdings LLC, a holding company specializing in identifying middle market businesses, reported that in the first quarter ended March 31, 2024, total revenue was $14.9 million in the first quarter of 2024 compared to $13.0 million in Q1 2023.

Manufacturing is expected to expand in 2024 at a slower pace than projected in December 2023; revenue is to increase 2.1%; capital expenditures to increase 1%; capacity utilization at 82.8%; services are expected to expand in 2024 at a slightly slower pace than projected in December 2023; revenue to increase 2.9%; capital expenditures to increase 1.4%; capacity utilization at 88.6%.