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Japan Housing Starts: September 2015
Total housing starts in Japan were 77,872 in September, a 2.6 per cent increase over the same month last year according to Japan Lumber Reports Friday. Total starts for the first nine months of 2015 were 676,997 units, up 2.8 per cent from the same time last year. Housing Starts, Japan On a seasonally adjusted…
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Commodities 2016 and Beyond
This week Manulife Financial, Canada’s largest life insurer, announced it is looking to add more commodities to its investment mix after prices plunged for metals including zinc and copper. As well, the Financial Times forecast the end of this commodities price slump. Global Commodities Outlook Commodities Price Cycle Not Yet Hit Bottom Manulife wants to…
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US GDP, Economy 3Q 2015
The US economy grew at an annualized rate of 1.5 per cent in the 3Q of the year, the Commerce Department said Thursday, matching the estimates of economists surveyed by The Wall Street Journal. That was off from 2Q’s torrid 3.9 per cent growth rate. Compared with the same quarter a year ago, the economy…
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Canada and BC Lumber Manufacturing, US Sawmill Trade 3Q 2015
New data out this week from Statistics Canada and the US Census shows stability in North America lumber manufacturing and cross-border trade. Madison’s Forest Pulse 3Q 2015 The next issue of quarterly Madison’s Forest Pulse will be out next week, and the latest data on Canadian softwood lumber production, sawmill sales, and lumber exports together…
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US Housing Starts, Sales
Construction companies in the US built more apartment complexes in September, resulting in a temporary rise in housing starts for a real estate market that otherwise appeared to have crested during the summer. Housing starts last month rose 6.5 per cent to a seasonally adjusted annual rate of 1.21 million homes, the Commerce Department said…
