SUBSCRIBE

Author: Madison’s Lumber Reporter

  • US Construction Employment

    A survey of single-family builders conducted by the National Association of Home Builders in June 2015 shows that shortages of labour and subcontractors—already quite widespread in mid-2014—have become even more widespread during the past year. The shortages are most acute for basic skills like carpentry, which are needed during the construction of any home. For…

  • Construction Spending US: May 2015

    The Census Bureau reported Wednesday that overall construction spending in the US increased in May: The US Census Bureau of the Department of Commerce announced that construction spending during May 2015 was estimated at a seasonally adjusted annual rate of US$1,035 billion, 0.8 per cent above the revised April estimate of US$1,027 billion. The May…

  • Apartment Vacancy Rate, US: 2Q 2105

    Reis reported Thursday that the US apartment vacancy rate was unchanged at 4.2 per cent during the second quarter with construction and net absorption effectively in balance. This is compared to 4.2 per cent in 1Q. In 2Q 2014 the rate was also 42 per cent. The vacancy rate peaked at 8 per cent at…

  • US ISM Manufacturing Index: June 2015

    From the Institute for Supply Management: June 2015 Manufacturing ISM® Report On Business® The ISM manufacturing index suggested expansion in June. The PMI was at 53.5 per cent in June, up from 52.8 per cent in May. The employment index was at 55.5 per cent, up from 51.7 per cent in May, and the new…

  • Rayonier Completes

    Rayonier Inc. announced Tuesday the company has acquired approximately 18,000 acres of high-quality timberlands in southwest Louisiana and northwest Oregon in two separate transactions from BTG Pactual Timberland Investment Group. Both properties are located near existing Rayonier landholdings.