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US Construction Spending: January 2017
Private residential construction in the US got off to an auspicious start in 2017, continuing the growth trend that began in October of last year. NAHB analysis of Census Construction Spending data, released March 1, shows that total private residential construction spending grew 0.5 per cent in January 2017 to a seasonally adjusted annual rate…
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Building Materials Price Index: February 2017
The prices of softwood lumber, gypsum, ready-mix concrete, and OSB all increased in February, according to the latest Producer Price Index release by the Bureau of Labor Statistics, out Tuesday. The increases were led by gypsum products, with softwood lumber a close second. After decreasing in four of five months, the price of softwood lumber…
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North America Full-Year 2016 Lumber Production: WWPA
The latest issue of the Western Wood Products Association’s monthly Lumber Track shows steady improvement in Canadian and US sawmill capacity utilization rates and softwood lumber production volumes. Softwood lumber production by US sawmills reached 32.772 billion board feet (bbf) in full year 2016, a gain of 3.4 per cent from 31.643 bbf in the…
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US Construction Spending, House Prices, Home Builder Shares
Private residential construction in the US got off to an auspicious start in 2017, continuing the growth trend that began in October of last year. National Associ- ation of Home Builders analysis of Census Construction Spending data released Wednesday shows that total private residential construction spending grew 0.5 per cent in January 2017 to a…
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Softwood Lumber Board Nominees Sought
The US Department of Agriculture is seeking nominations to ll seven seats on the Softwood Lumber Board coming open in January 2018. The 19-member board will hold elections to ll the seats of directors whose terms expire on December 31, 2017. The deadline for submitting nominations is March 13, 2017. Domestic manufacturers are being sought…
