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US Home Sales, July
Read more: US Home Sales, JulyA forward-looking gauge of US home purchases slipped in June, after hitting its highest level in more than nine years in May, the National Association of Realtors said last month. A separate report from the industry group showed sales of previously owned homes increased 3.2 per cent in June to a seasonally adjusted annual rate…
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US Leading Economic Index: July 2015
Read more: US Leading Economic Index: July 2015The index of US leading economic indicators unexpectedly declined in July, depressed by a slump in building permits that mainly reflected a proposed change in a New York tax credit. The Conference Board’s gauge, a measure of the outlook for the next three to six months, decreased 0.2 per cent after rising 0.6 per cent…
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Russian Group Increases Timber Cut
Read more: Russian Group Increases Timber CutIn the first half year north Russian Sawmill 25 Group increased roundwood cutting at its three sawmill locations by 7 per cent to 558,000 cubic metres, according to EUWID Thursday. Lumber production, in the process of which 168,600 cubic metres, or 10 per cent, more wood chips were produced, was 6 per cent above last…
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Wildfires, Water Restrictions: Western North America
Read more: Wildfires, Water Restrictions: Western North AmericaThis week the most tragic occurrence of three wildfire firefighter deaths in Washington State brings into focus the importance and severity of this extended very dry season in northwestern North America. In addition, natural resource extraction operators in northern British Columbia and Alberta have been forced to cease operating due to water supply restrictions. Severe…
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Russia Lumber Export Rise 7.4 Per Cent: 1H 2015
Read more: Russia Lumber Export Rise 7.4 Per Cent: 1H 2015For the first six months of 2015 total volume of lumber exports from Russia increased by 7.4 per cent, to 6.96 million tons year-over-year, as Federal Customs Service of Russia said in the press release received by Lesprom Network August 7. The volume of Russian exports of roundwood however, for the reporting period, amounted to…
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Housing Starts, Canada: July 2015
Read more: Housing Starts, Canada: July 2015The latest report from the Canadian Mortgage and Housing Corp, released Tuesday, showed the seasonally adjusted annualized rate of housing starts fell to 193,032 in July from a downwardly revised 202,338 units in June. With the six-month trend at 185,586 starts, analysts said homebuilding has settled into a pace that meets demographic demand, seemingly unaffected…
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Wei Wai Kum First Nation Signs 25-year BC Timber Deal
Read more: Wei Wai Kum First Nation Signs 25-year BC Timber DealThe British Columbia government announced August 7 a 25-year timber licence agreement with a First Nation on Vancouver Island, which allows the Wei Wai Kum First Nation to harvest almost 9,900 cubic metres of timber a year from its traditional territory around Campbell River, BC. The deal covers a 2,400-hectare parcel of Crown land near…
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Conifex Acquires Arkansas Mill
Read more: Conifex Acquires Arkansas MillConifex Timber, based in Vancouver, BC, has completed its purchase of a private Delaware company holding exclusive rights to a sawmill and 186 acres of land near El Dorado, AR, said Woodworking Network also Monday. The rights to the Arkansas property was acquired for US$21 million. The deal, announced Aug. 6, comprised US$12.36 million in…
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Major Explosion at Tianjin Port, China
Read more: Major Explosion at Tianjin Port, ChinaAn explosion in eastern China that rocked one of the world’s busiest ports Wednesday poses some logistics problems despite resuming operations. Authorities and companies near the blast site in the eastern Chinese city of Tianjin said to the Wall Street Journal Friday operations there were returning to normal. Still, bottlenecks remained for industries from steel…
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Oregon Lumber Company Safety Citations
Read more: Oregon Lumber Company Safety CitationsFreres Lumber, in Mill City, OR, — just outside Salem — was cited Thursday four times for safety and procedural violations uncovered during inspections launched after a worker died at its plant in September 2014, according to the Statesman Journal Friday. The penalty report from the Oregon Occupational Safety and Health Division detailed that machine…
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US Construction Spending: June 2015
Read more: US Construction Spending: June 2015The US National Association of Home Builders’ Census Construction Spending analysis shows that total private residential construction spending for June increased to a seasonally adjusted annual rate of US$378 billion. Construction Spending, US On a month-over-month basis, private multifamily spending increased to US$52 billion, up by 2.82 per cent over the revised May estimate, while…
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Canada Building Permits: June 2015
Read more: Canada Building Permits: June 2015The total value of Canadian building permits rose 14.8 per cent to $7.7 billion in June, following a 13.9 per cent decrease in May, said Statistics Canada Friday. The increase in June was mainly attributable to higher construction intentions for multi-family dwellings in Quebec, Alberta, and Ontario, as well as institutional buildings in Alberta and…
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Forest Company Quarterly Results
Read more: Forest Company Quarterly ResultsWeyerhaeuser, Plum Creek, and Potlatch have all released 2Q 2015 financial results in the past week Weyerhaeuser, out of Federal Way, WA, posted quarterly net earnings to common shareholders of US$133 million, or $0.26 per share, compared to US$280 million, or $0.47 per share, in the year-ago period. Its sales slipped to $1.81 billion from…
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Madison’s Forest Pulse 2Q 2015: NOW SELLING
Read more: Madison’s Forest Pulse 2Q 2015: NOW SELLINGMADISON’S FOREST PULSE 2Q 2015: NOW SELLING Order yours now! Don’t miss out on this vital knowledge and insight. Only C$250 per quarter, delivered to your desk as soon as the various data comes out! The information tool for your forest management and investment Our quarterly product is tailored to provide you with essential information…
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Madison’s Forest Pulse 2Q 2015: NOW SELLING
Read more: Madison’s Forest Pulse 2Q 2015: NOW SELLINGMADISON’S FOREST PULSE 2Q 2015: NOW SELLING Order yours now! Don’t miss out on this vital knowledge and insight. Only C$250 per quarter, delivered to your desk as soon as the various data comes out! The information tool for your forest management and investment Our quarterly product is tailored to provide you with essential information…
