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North America Full-Year 2016 Lumber Production: WWPA
The latest issue of the Western Wood Products Association’s monthly Lumber Track shows steady improvement in Canadian and US sawmill capacity utilization rates and softwood lumber production volumes. Softwood lumber production by US sawmills reached 32.772 billion board feet (bbf) in full year 2016, a gain of 3.4 per cent from 31.643 bbf in the…
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US Construction Spending, House Prices, Home Builder Shares
Private residential construction in the US got off to an auspicious start in 2017, continuing the growth trend that began in October of last year. National Associ- ation of Home Builders analysis of Census Construction Spending data released Wednesday shows that total private residential construction spending grew 0.5 per cent in January 2017 to a…
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Residential Construction Investment, Canada: 4Q 2016
In 4Q 2016, total investment in residential construction in Canada rose 5.6 per cent from the same quarter of 2015 to $31.4 billion, reflecting increased spending on every component except cottages, said Statistics Canada Thursday. Higher investment in single-family dwellings, up 11.5 per cent to $7.3 billion, accounted for nearly half of the increase at…
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Softwood Lumber Board Nominees Sought
The US Department of Agriculture is seeking nominations to ll seven seats on the Softwood Lumber Board coming open in January 2018. The 19-member board will hold elections to ll the seats of directors whose terms expire on December 31, 2017. The deadline for submitting nominations is March 13, 2017. Domestic manufacturers are being sought…
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British Columbia Coastal Forest Industry Update
Keta Kosman, Publisher and Editor, Madison’s Lumber Reporter February 20, 2017 The annual Truck Logger Association Convention & Trade Show was held in Vancouver, BC, on January 18 to 20 this year, to a jam-packed crowd of attendees and some very interesting presentations. As always, lunch featured the BC Premier, Christy Clark, and many provincial…
