Submitted by lfisher on Wed, 09/11/2019 - 10:04
INDUSTRY NEWS UPDATE SEPTEMBER 11, 2019

*First KCMA would like to recognize all those who sacrificed their lives on September 11, 2001. We will never forget.*

Check out what's been happening in the cabinet industry the last few weeks:

FOUR OUTDOOR KITCHEN TRENDS

  1. It's summertime and that means time spent in the great outdoors. Check out four outdoor kitchen trends from the National Kitchen & Bath Association: Durable and sustainable design: consumers want easily maintained, weather resistant products that also lessen environmental impact. That means more wooden and woven pieces, and less plastic.
  2. A pop of color:  designers are seeing the addition of color in appliances and accessories - outdoor cabinets could be a good place to continue color from inside the kitchen. Blues and greens continue to be popular.
  3. Blending indoors and outdoors:  Creature comforts found indoors are working their way outside; like outdoor islands with built-in grills.

Light up the space:  mixing bright lights and lanterns for a night-time ambiance is a popular choice.

Click here to read more.

KCMA

BUILD YOUR FUTURE WORKFORCE PIPELINE: 2019 MFG DAY

Record low unemployment rates, skilled labor shortages and an outdated image of the wood industry. All contribute to our current workforce and production challenges. The cost of inaction? More of the same results! As you have read in earlier newsletters, KCMA is rolling out a Skills Gap/Workforce Development Initiative. A key element of a successful workforce development and company marketing plan is introducing middle and high school students, their parents, and teachers to our industry.

Build your future workforce pipeline. Participate in the KCMA-endorsed MFG Day 2019. Manufacturers in many industries are organizing a MFG Day event on Friday, October 4 – or any day of their choosing this fall. Some ways to participate include: hosting an open house and tour of your plant, speaking at a school-sponsored careers event, inviting school teachers and administrators to learn about today’s manufacturing environment, or becoming a career technical education mentor.
 
Contact Kimberly for a KCMA 2019 MFG Day tool kit. If you already have a MFG Day 2019 event planned let us know! We want to help promote your event.

Click here to read more.

US REMOVES TARIFFS FROM CHINESE GOODS

Earlier this week the US Trade Representative's office announced it would remove tariffs from some Chinese imports.

"Certain products are being removed from the tariff list based on health, safety, national security and other factors and will not face additional tariffs of 10 percent," said a USTR release. "Further, as part of USTR’s public comment and hearing process, it was determined that the tariff should be delayed to December 15 for certain articles."

The majority of the removed items are furniture products including wooden chairs and baby furniture.

Click here to read more.

Woodworking Network
Photo courtesy of Woodworking Network

ECONOMIC UPDATE

Housing starts in July were at a seasonally adjusted annual rate of 1,191,000, 4.0% below the revised June estimate of 1,241,000 but 0.6% above the July 2018 rate of 1,184,000.

Manufacturing production declined 0.4 percent in July, the fifth decrease in output in the sector year to date.

Manufacturing labor productivity fell 1.6 percent at the annual rate in the second quarter.

Exports of US hardwood lumber, logs, and veneers were lower in the first six months of 2019 compared to last year.

Mortgage rates remain near historical lows at 3.6% for week ending Aug. 15.

The Fannie Mae Home Purchase Sentiment Index increased 2.2 points in July to 93.7, a new survey high and 7.2 points ahead of the same month last year.

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Visit the KCMA website for more news and information on the cabinet industry. Click here to become a member today.