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US Housing Starts: May 2015
Groundbreakings of new homes in the US surged to a seven-year high in April before falling 11 per cent last month, the Commerce Department said Tuesday. The level of activity remained stable in May at an annual rate of 1.04 million units, and signs pointed to further gains in coming months. Housing Starts, US US…
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Wildfires, Western North America
Wildfires raging in four West Coast states have forced more than 1,000 people to be evacuated from their homes this week in rapidly growing blazes. The fires, spread by wind and exacerbated by very dry conditions, have already consumed more than 100 structures in Alaska, and were threatening others in drought-hit California and Arizona. In…
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North America Construction Framing Dimension Lumber Wholesale Price: 06/19
June 19, 2015: #LUMBER PRICES 06/19: WSPF KD 2×4 #2&Btr US$300 mfbm (+$6); WSPF KD PET 2×4 Studs $305 (+$10); Doug Fir green #2&Btr 2×4 $337 (+$17); OSB ON 7/16″ C$237 msf (+$2) (net FOB mill) North America Construction Framing Dimension Lumber Wholesale Price: 06/19
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US Producer Price Indexes: May 2015
The US Bureau of Labor Statistics (BLS) released the Producer Price Indexes (PPI) for May. Inflation in prices received by producers rose 0.5 per cent in May after declining 0.4 per cent in April. The increase was based on rising prices for goods, as prices for services were unchanged. Within goods, a 17 per cent…
