-
US Housing Starts: March 2015
Groundbreaking on new US homes increased 2 per cent to a seasonally adjusted annual pace of 926,000 units in March, the Commerce Department said Thursday. That left the bulk of February’s decline, which had been blamed on bad weather, intact. New single-family homes building rose 4.4 per cent. Groundbreaking for the multi-family homes segment fell…
-
Canada Monthly Survey of Manufacturing
Manufacturing sales declined 1.7 per cent to $50 billion in February, the fourth decrease in five months, said Statistics Canada Wednesday. The drop reflected lower sales of motor vehicles and reduced production of aerospace products and parts. Monthly manufacturing sales have fallen 6.8 per cent since their most recent high of $53.7 billion in July…
-
New Forestry Funding, Canada and US
Recent announcements by Canadian federal and provincial governments for forestry funding in technology and innovation as well as employment, and by the US Department of Agriculture, will inject much-needed investment into worthwhile timber-related projects, Canada’s federal Government announced the extension of its program to support the growth of overseas markets for Canada’s forest industry, Revenue…
-
Western Spruce-Pine-Fir 2×4 Dimension Lumber Price 2015: Steep Drops
In a potentially alarming development, benchmark Western Spruce-Pine-Fir KD 2×4 #2&Btr construction framing dimension lumber prices have dropped much farther than similar commodities in the past year. Eastern Spruce-Pine-Fir KD 2×4 #2&Btr prices fell 16.5 per cent since April 2014, from US$437 mfbm to US$365 mfbm this week (net FOB mill). By comparison, Southern Yellow…
-
Western Spruce-Pine-Fir 2×4 Dimension Lumber Price 2015: Steep Drops
In a potentially alarming development, benchmark Western Spruce-Pine-Fir KD 2×4 #2&Btr construction framing dimension lumber prices have dropped much farther than similar commodities in the past year. Eastern Spruce-Pine-Fir KD 2×4 #2&Btr prices fell 16.5 per cent since April 2014, from US$437 mfbm to US$365 mfbm this week (net FOB mill). By comparison, Southern Yellow…
