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US Housing Starts: May 2016
US housing starts slipped in May as the construction of multifamily housing units dropped, but there were further gains in building permits. Groundbreaking fell 0.3 per cent to a seasonally adjusted annual pace of 1.16 million units, the Commerce Department said on Friday. That of single-family homes rose 0.3 per cent to a 764,000-unit pace…
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Canada and US Manufacturing Survey: April and June 2016
Manufacturing sales in Canada rose 1 per cent to $50.4 billion in April, following two consecutive monthly declines, according to Statistics Canada Wednesday. As well, regional Fed surveys and the ISM manufacturing index were released in the US this week. Canada, US Manufacturing: April and June 2016 Canada’s manufacturing sales increased in 10 of 21 industries,…
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Canada-US Softwood Lumber Unofficial Update
The Government of Canada Friday released a statement regarding ongoing negotiations for a bilateral Softwood Lumber Agreement with the US: http://news.gc.ca/web/article-en.do?nid=1086569 “Following this initial 100 days of intensive engagement, the United States and Canada have made significant advances in exploring the key issues and priorities,” but no other word on what these advances might be,…
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Japan Housing Starts, Wood Self-Sufficiency Plan
Total new housing starts in Japan for April were 82,389 units, a 9 per cent increase over April 2015, and an 8.9 per cent improvement over March this year, according to the Japan Lumber Reports Friday. As well, the 2015 Forestry White Paper has been submitted to the Diet, disclos- ing Japan’s current degree of…
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US Weekly Rail Traffic
For this week, total US weekly rail traffic was 455,346 carloads and intermodal units, down 17.3 per cent compared with the same week last year, said the Association of American Railroads Wednesday. Total carloads for the week ending June 4 were 224,258 carloads, down 16.6 per cent compared with the same week in 2015, while…
