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US New & Existing Home Sales, House Prices: Oct 2016
Read more: US New & Existing Home Sales, House Prices: Oct 2016Both new and existing home sales gures for October were released in the US this week, showing signs of steady, if muted, improvement. US New Home Sales: October 2016 The US Census Bureau and Department of Housing and Urban Development in a joint release reported that newly constructed single family homes sold at a seasonally…
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Manufacturing Orders, US: October 2016
Read more: Manufacturing Orders, US: October 2016The flash Markit US PMI manufacturing index, released Wednesday, strengthened to 53.9 for November from 53.4 the previous month. The figure was higher than the consensus forecast of 53.4 and also the highest reading for 13 months. Production increased for the sixth consecutive month and the November reading was the strongest since March 2015. US…
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Canada Tariff on US Gypsum Imports
Read more: Canada Tariff on US Gypsum ImportsA new trade dispute has broken out between Canada and the US that threatens to raise prices in Canada’s already overheated housing markets, said the Globe and Mail Thursday. The Canada Border Services Agency imposed a provisional tariff as high as 277 per cent on US drywall imports in September after ruling that manufacturers were…
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US Petitions for AD and CVD Investigations of Imports of Softwood Lumber Products from Canada
Read more: US Petitions for AD and CVD Investigations of Imports of Softwood Lumber Products from CanadaFACT SHEET Committee Overseeing Action for Lumber International Trade Investigations or Negotiations (“COALITION”) Files Petitions for Antidumping and Countervailing Duty Investigations of Imports of Softwood Lumber Products from Canada On November 25, 2016, the COALITION initiated legal action seeking enforcement of existing U.S. trade laws to offset the harmful effects of imports of Softwood Lumber…
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U.S. Lumber Industry Petitions for Relief From Canadian Subsidies, Dumping
Read more: U.S. Lumber Industry Petitions for Relief From Canadian Subsidies, DumpingSubject: Press Release — U.S. Lumber Industry Petitions for Relief From Canadian Subsidies, Dumping FOR IMMEDIATE RELEASE CONTACT: Zoltan van Heyningen | zoltan@uslumbercoalition.org | 703‐597‐8651 WASHINGTON, DC (November 25, 2016) – The Committee Overseeing Action for Lumber International Trade Investigations or Negotiations (COALITION) today petitioned the U.S. Department of Commerce and the U.S. International Trade…
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US and Canada Heating Wood Pellet Exports: Sept & June 2016
Read more: US and Canada Heating Wood Pellet Exports: Sept & June 2016More good news in the fast-growing North American wood pellet industry; wood pellets used for energy exports are up so far in 2016 according to Statistics Canada and the US Census. Canada and US Heating Wood Pellet Manufacturing Industry: 3Q 2016 An industry poised to grow by orders of magnitude over the next ten and…
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Canada Tariff on US Gypsum Imports
Read more: Canada Tariff on US Gypsum ImportsFirst lumber, now drywall in Canada-U.S. trade tensions “ Canada imported about $277-million worth of lime and gypsum products last year, about 97 per cent of it from U.S. manufacturers, according to Statistics Canada.” “ No company in Canada can compete against U.S. products dumped at such a low price levels,“ Matt Walker, general manager…
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Japan Wood Consumption: FY 2015
Read more: Japan Wood Consumption: FY 2015The results of Japan’s intensive campaign to foster a domestic lumber production industry over the past couple of years are in; Japan’s Forestry Agency released the data for the Wood Supply and Demand in 2015 to the public on September 27, said Japan Lumber Journal Thursday. According to the report, the total amount of demand…
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US Building Material Prices: October 2016
Read more: US Building Material Prices: October 2016The latest Producer Price Index (PPI) release by the Bureau of Labor Statistics revealed that the prices for the building materials softwood lumber, OSB, gypsum products, and ready-mix concrete all fell during October. National Association of Home Builders’ Eye on Housing staffer David Logan takes a look at the declines for these materials, specifically pointing…
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Canada Sawmill Exports, Manufacturing Sales: September 2016
Read more: Canada Sawmill Exports, Manufacturing Sales: September 2016The pace of Canadian manufacturing sales slowed in September, while volumes fell, data from Statistics Canada showed on Wednesday. The 0.3 per cent increase in sales was a step down from August’s hefty 0.9 per cent increase. It was also driven largely by gains in the transportation equipment sector. Although sales were up in 12…
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Japan Housing Starts: September 2016
Read more: Japan Housing Starts: September 2016According to a report released by Japan’s Ministry of Land, Infrastructure, Transport and Tourism on October 31st, Japan’s housing starts in September were 85,622 units (up 10 per cent from the same month in the previous year), surpassing the previous year’s results for three consecutive months, said the Japan Lumber Journal Thursday. When compared to…
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Leaked Trump Team Memo Mentions Softwood Lumber as US Trade Priority
Read more: Leaked Trump Team Memo Mentions Softwood Lumber as US Trade Priorityit’s a completely bizarre way to release a policy statement; but YES to softwood lumber being in NAFTA: Trump team flags Canadian livestock and lumber as targets in NAFTA reset STEVEN CHASE OTTAWA — The Globe and Mail “ The memo, as described by the U.S. cable network, also says Mr. Trump would then have…
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British Columbia Softwood Lumber Exports: September 2016
Read more: British Columbia Softwood Lumber Exports: September 2016BC forest product exports year-to-date (September) 2016 totalled $10.45 billion, up 8.7 per cent from $9.61 billion for the same time last year, according to the Competitiveness and Innovation Branch of the BC Ministry of Forests, Lands, and Natural Resource Operations Tuesday. British Columbia Softwood Lumber Exports: September 2016 Highlight of Exports in September 2016,…
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Kenora Forest Products Adds Shift
Read more: Kenora Forest Products Adds ShiftKenora Forest Products, out of Kenora, ON, implemented another shift at its planer and sawmill October 31, providing jobs for approximately 45 more people. Kenora Forest Adds Shift Unifor and the company previously committed to ensuring members of the aboriginal community shared in the the economic benefits of the reopening of the mill last year.…
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US Home Sales, House Prices, Homeownership Rates
Read more: US Home Sales, House Prices, Homeownership RatesMarkets in 162 of the approximately 340 metro areas across the US returned to or exceeded their last normal levels of economic and housing activity in 3Q 2016, ac- cording to the National Association of Home Builders/First American Leading Markets Index (LMI) released Tuesday.In 2017, sales of existing homes are forecast to grow roughly 2…
