PHCP and PVF Technology & Operations

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BuildFax reported a record high for remodeling activity in May 2011.

Construction spending in May totaled $753 billion at a seasonally adjusted annual rate, the sixth consecutive monthly decrease and the lowest figure since 1999, the Census Bureau reported July 1.

According to HARDI’s latest May TRENDS survey, HVAC/R distributor sales are up 6.4% in North America from the same time last year and rebounding from a flat April.

IHS Global Insight has reported that May housing starts rose 3.5% to a 560,000 annual rate.

HD Supply reported net sales of $1.9 billion for the fiscal 2011 first quarter ended May 1, 2011.

Although it seems that in recent weeks the market has reflected a new sense of impending doom, manufacturing industry economist, Dr. Chris Kuehl says the slowdown is only temporary and not the start of another breakdown in the economy.

According to findings from IHS Global Insight, new home sales increased 7.3% in April to a 323,000 annual rate.

Read here for ASA’s Monthly Sales Report.

Biggest growth for Canadian wholesalers was in industrial PVF for month of March and year-to-date.

The PPI for inputs to construction industries - a blend of all materials used in every type of construction, plus items consumed by contractors such as diesel fuel - rose 1.4 percent and 7.1 percent, respectively.