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Canada/US Softwood Lumber Trade
Russ Cameron, president of the Independent Wood Processors Association of BC, told The Working Forest on April 17 that BC’s value added wood processors are being “decimated” by big lumber. In an email to Madison’s Thursday, Cameron provided context, saying: there is no more growth for commodity wood products but lots of opportunity for value…
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Lumber Production, Shipments, Stock: March 2015
Statistics Canada released Monday the latest data on provincial lumber production and manufacturing sales. As well, the Western Wood Products Association’s monthly Lumber Track, out Friday, contains the latest data on US and Canadian sawmill capacity utilization.
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US Construction Spending: April 2015
NAHB analysis of Census construction spending data released Monday finds that the pace of residential construction spending improved on both a monthly and year-over-year basis for April. For the month, the seasonally adjusted annual rate of single-family construction spending was US$206 billion, up 1.6 per cent from March. The April rate of multifamily construction spending…
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US Home Price Index: March 2015
The Federal Housing Finance Agency and the Standard and Poor’s/Case-Shiller recently released Monday the Home Price Index for March. The price index reported by the Federal Housing Finance Agency (FHFA) decelerated in March, slowing to an annualized growth rate of 4.2 per cent, from 7.8 per cent in February. Monthly growth rates have been volatile…
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US Architecture Firm Billings: April 2015
After a soft 1Q resulting largely from severe weather across parts of the Northeast and Midwest, expectations were that design billings at architecture firms would rebound in 2Q, said the American Institute of Architects May 20. At 48.8, the April ABI national score reflected a steeper retrenchment than any of the first three months of…
