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Chicago Fed National Activity Index: April 2016
Led by improvements in production-related indicators, the Chicago Fed National Activity Index, released Thursday, rose to +0.10 in April from –0.55 in March. This index is a weighted average of 85 indicators of national economic activity drawn from four broad categories of data. Led improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI)…
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Canada Housing Construction Investment: March 2016
Investment in new Canadian residential construction totalled $3.8 billion in March, up 9.7 per cent from the same month a year earlier, said Statistics Canada Friday. At the national level, higher spending on apartment and apartment-condominium buildings, which rose 19.9 per cent to $1.4 billion, and single-family dwellings, which increased 5.9 per cent to $1.9…
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Canada/US Softwood Lumber Negotiation Update
Last week when speaking about the softwood lumber negotiations between Canada and the US with Vaughn Palmer at the Vancouver Sun, British Columbia Premier Christy Clark said, “But we just haven’t seen enough movement from the American side of the table.” Madison’s confirmed this update with insiders to the talks: “Both sides have exchanged proposals…
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Canada/US Softwood Lumber Negotiation Update
Last week when speaking about the softwood lumber negotiations between Canada and the US with Vaughn Palmer at the Vancouver Sun, British Columbia Premier Christy Clark said, “But we just haven’t seen enough movement from the American side of the table.” Madison’s confirmed this update with insiders to the talks: “Both sides have exchanged proposals…
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Madison’s Lumber Reporter KEY PRICES Week of 05/20/16
North American W-SPF 2×4 dimension softwood #lumber prices rise further this week, by +$8, on tight and fast-moving inventory; sawmill production high with order files one month out. E-SPF also up, +$5 only. Southern Pine moderates downward, –$5 only. US single-family housing starts April 2016 up +3.3% #building W-SPF 2×4 studs #lumber prices up also…
