Get Accurate Data for Your Forestry Investment Needs Every Week …

Get Accurate Data for Your Forestry Investment Needs Every Week …

THE PLOT THICKENS …. both publications competitive to Madison’s Lumber Reporter have now adjusted their Western Spruce Pine Fir KD 2×4 R/L dimension framing construction softwood lumber prices to match what we said all along. Continue below to read more: Nothing beats the value of accurate data …. don’t go with the wrong guys, go with the right guys. Madison’s Lumber Reporter is the only source PROVEN to be completely unbiased and uninfluenced when printing North American softwood lumber and…

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US Housing Starts, Construction Permits: March 2018

US Housing Starts, Construction Permits: March 2018

An encouraging headline Wednesday by NAHB Eye on Housing, “Most US States Record YTD Single-Family Permits Growth in February 2018” provides only more evidence that US home building and real estate business have come roaring back since the US housing starts crash of September 2006. Over the first two months of 2018, the total number of single-family permits issued nationwide reached 123,871, said the US Census Bureau’s quarterly Survey of Construction. On a year-over-year basis, this is an +11.2% increase…

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US Home Building and Selling Improves Further as Softwood Lumber Prices Continue Rising

US Home Building and Selling Improves Further as Softwood Lumber Prices Continue Rising

In it’s quarterly report the US Census Bureau’s quarterly Survey of Construction detailed that over the first two months of 2018, the total number of single-family permits issued nationwide reached 123,871. On a year-over-year basis, this is an +11.2% increase over the February 2017 level of 111,356 single-family permits. The results from the SOC are similar, single-family permits over the second month of 2018 was, 122,800 which is +10.2% ahead of its level over the same period of 2017, 111,400….

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US Construction Materials Prices: March 2018

US Construction Materials Prices: March 2018

Building materials prices in the US continued to climb in March, according to the latest Producer Price Index release by the US Bureau of Labor Statistics Tuesday. OSB-led price increases, up +9.3% since February, while the indexes for ready-mix concrete (+3.3%), softwood lumber (+2.2%), structural steel (+2.0%), and gypsum products (+1.1%) also moved higher. US Construction Materials Prices The +9.3% increase in OSB prices follows February’s +3.1% gain and is the largest monthly climb since October 2017 (+14.1%), said the US Bureau…

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Full Year 2017 North America Forest Industry Data Out Now

Full Year 2017 North America Forest Industry Data Out Now

Just last week the US Census, Statistics Canada, and Industry Canada have updated data for Canadian and US lumber and log sales and export, and Canadian softwood lumber production and sales. Most of the insight to emerge from this latest data is as expected, but one thing which seems to have slipped past most observers — except of course your weekly Madison’s Lumber Reporter, which started pointing this out halfway through 2017 — is that exports of US southern yellow…

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US Residential Construction Spending: Feb 2018

US Residential Construction Spending: Feb 2018

NAHB analysis of Census Construction Spending data, released Monday, shows that total private residential construction spending in the US stood at a seasonally adjusted annual rate of US$533 billion in February, a gain of 0.1% from the upwardly revised estimate of January. Over the past 12 months, total private residential construction spending was up 5.5%. The monthly gains are largely attributed to the large increase in single-family and multifamily construction spending. Single-family construction spending increased 0.9% after advancing at the…

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US Construction Self-Employment Rates: Full Year 2016

US Construction Self-Employment Rates: Full Year 2016

According to the 2016 ACS, released Thursday, over 23% of construction workers are self-employed, while an economy-wide average does not reach 10% of the employed labor force. The high self-employment rates in construction reflect a common practice of builders and remodellers to maintain relatively small payrolls and rely on subcontractors for a large share of the construction work. The construction industry has been adding payroll jobs since 2011, while the number of self-employed construction workers continued dwindling until 2015. Consequently,…

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Get Accurate Data for Your Forestry Investment Needs Every Week

Get Accurate Data for Your Forestry Investment Needs Every Week

Nothing beats the value of accurate data …. don’t go with the wrong guys, go with the right guys. Madison’s Lumber Reporter is the only source PROVEN to be completely unbiased and uninfluenced when printing North American softwood lumber and construction panel solid wood prices. Madison’s has been publishing quality news and price information about Canadian and US softwood lumber products since 1952. For over 60 years, we’ve built a reputation as an independent, opinionated, always right-on source of market news….

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Madison’s Brand-New BC Coastal Log Prices: 2008 – March 2018

Madison’s Brand-New BC Coastal Log Prices: 2008 – March 2018

Your weekly North American softwood lumber and panel price guide, Madison’s Lumber Reporter, is delighted to announce a brand-new data set to help keep the Canadian and US forest products industry informed and up-to-date on the latest data and market information. British Columbia Coastal Log Prices, Monthly: 2013 to March 2018 https://madisonsreport.com/2018/04/05/madisons-announces-bc-coastal-log-prices-monthly/ The information tool for your forest management and investment planning decisions. Our *new* monthly log price report is tailored to provide you with vital data about prices of…

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Softwood Lumber Cash Prices Remain High, Supported by Big Increases in Futures

Softwood Lumber Cash Prices Remain High, Supported by Big Increases in Futures

Last week provided some of the lumber price answers many have been seeking for the past few weeks. That significant players had expected prices to soften by now was immaterial as trading of softwood lumber futures on the Chicago Mercantile Exchange crested up-limit twice this week, to close Thursday at US$536. The latest data out of Statistics Canada, for full-year 2016, demonstrates real support for strong lumber prices. The value added of the Canadian forestry, lumber, and pulp and paper…

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