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US Leading Economic Index: July 2015
The index of US leading economic indicators unexpectedly declined in July, depressed by a slump in building permits that mainly reflected a proposed change in a New York tax credit. The Conference Board’s gauge, a measure of the outlook for the next three to six months, decreased 0.2 per cent after rising 0.6 per cent…
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Russian Group Increases Timber Cut
In the first half year north Russian Sawmill 25 Group increased roundwood cutting at its three sawmill locations by 7 per cent to 558,000 cubic metres, according to EUWID Thursday. Lumber production, in the process of which 168,600 cubic metres, or 10 per cent, more wood chips were produced, was 6 per cent above last…
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Wildfires, Water Restrictions: Western North America
This week the most tragic occurrence of three wildfire firefighter deaths in Washington State brings into focus the importance and severity of this extended very dry season in northwestern North America. In addition, natural resource extraction operators in northern British Columbia and Alberta have been forced to cease operating due to water supply restrictions. Severe…
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Russia Lumber Export Rise 7.4 Per Cent: 1H 2015
For the first six months of 2015 total volume of lumber exports from Russia increased by 7.4 per cent, to 6.96 million tons year-over-year, as Federal Customs Service of Russia said in the press release received by Lesprom Network August 7. The volume of Russian exports of roundwood however, for the reporting period, amounted to…
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Housing Starts, Canada: July 2015
The latest report from the Canadian Mortgage and Housing Corp, released Tuesday, showed the seasonally adjusted annualized rate of housing starts fell to 193,032 in July from a downwardly revised 202,338 units in June. With the six-month trend at 185,586 starts, analysts said homebuilding has settled into a pace that meets demographic demand, seemingly unaffected…
