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US Housing Starts: September 2017
Read more: US Housing Starts: September 2017The US Commerce Department revealed Wednesday in the latest data, that housing starts in the US decreased 4.7 per cent to a seasonally adjusted annual rate of 1.127 million units in August. US Housing Starts The US Commerce Department said Thursday that the drop in September data was the lowest level since September 2016 and…
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Building Permits, Canada: August 2017
Read more: Building Permits, Canada: August 2017Canadian municipalities issued $7.5 billion worth of building permits in August, down 5.5 per cent from July, according to Statistics Canada Tuesday. This was the second consecutive monthly decrease. Despite these declines, the year-to-date value of building permits (January to August) is up 8.7 per cent compared with the same period in 2016, reflecting a…
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Canada Housing Starts: September 2017
Read more: Canada Housing Starts: September 2017Canadian housing starts dipped in September, capping another quarter of strong home building growth, but a drop in August building permits suggested the long boom is cooling, separate reports from Canada Mortgage and Housing Corporation showed Tuesday. Groundbreaking on homes in Canada edged slightly lower in September to 217,118 units from August’s upwardly revised 225,918…
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US Construction Job Openings: August 2017
Read more: US Construction Job Openings: August 2017The count of unfilled jobs in the US construction sector continued to rise in August, reaching the highest level since February 2007, according to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis. The number of open construction sector jobs increased to 247,000 in August. This represents a 34 per cent increase…
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North American Sawmill Capacity Utilization: July 2017
Read more: North American Sawmill Capacity Utilization: July 2017As with May, rates of production as percent of practical capacity for North American sawmills in the US in January to July 2017 rose another percentage point from last month, to 86%. This compared to 86% the previous year and 86% for full year 2016, according to the latest issue of the Western Wood Products…
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US Railcar Traffic: September 2017
Read more: US Railcar Traffic: September 2017US railroads originated 1,044,563 carloads in September 2017, down 2.3 per cent, or -24,106 carloads, from September 2016, said the Association of American Railroads October 4. US railroads also originated 1,080,444 containers and trailers in September 2017, up 3.8 per cent, or 39,482 units, from the same month last year. Combined US carload and intermodal…
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Quebec and Ontario Lumber Headed to Storm-Hit Areas
Read more: Quebec and Ontario Lumber Headed to Storm-Hit AreasA cargo ship departed Baie-Comeau, QC, on Sunday to deliver supplies to Puerto Rico, ravaged by the passing of Hurricane Maria, according to CBC Monday. Most of the US terri- tory’s 3.4 million residents remain without power and are struggling to find clean water and fuel. Resolute Forest Products said an employee at its…
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US New Home Sales: August 2017
Read more: US New Home Sales: August 2017CoreLogic Tuesday released its CoreLogic Home Price Index (HPI) and HPI Forecast for August 2017, which shows US home prices are up strongly both year over year and month over month. Home prices nationally increased year over year by 6.9 per cent from August 2016 to August 2017, and on a month-over-month basis, home prices…
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US Construction Spending: August 2017
Read more: US Construction Spending: August 2017Overall construction spending in the US during August 2017 was estimated at a seasonally adjusted annual rate of $1,218.3 billion, 0.5 per cent above the revised July estimate of US$1,212.3 billion, according to the Census Bureau Monday. NAHB analysis of Census Construction Spending data shows that total private residential construction spending stood at a seasonally…
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Canada Sawmill Production: July 2017
Read more: Canada Sawmill Production: July 2017Lumber production in Canada declined 9.1 per cent from June to July 2017, with Canadian sawmills producing 5,201 thousand cubic metres of lumber, said Statistics Canada Tuesday. Production was 1.9 per cent lower than in July 2016. Sawmills shipped 5,459 thousand cubic metres of lumber in July, down 5.2 per cent from June and 0.8…
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Canada State-of-the-Forests Report: 2017
Read more: Canada State-of-the-Forests Report: 2017This year Canada celebrates 150 years as a forest nation. Through The State of Canada’s Forests Annual Report, Natural Resources Canada provides the only national snapshot of Canada’s forests and forest industry. The federal agency has been tracking Canada’s journey towards sustainable forest management for 27 years. Read about the history of Canada’s forest sector…
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North America Lumber Market Update: 3Q 2017
Read more: North America Lumber Market Update: 3Q 2017As negotiations toward a Canada-US softwood lumber agreement furiously go on, different perspectives and data sets speak to the situation with Canadian softwood lumber exports into USA. Since the beginning of September there have been hearings in Washington, DC, for various sides — mostly US domestic interests — to table comments and submit on the…
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US New Home Sales: August 2017
Read more: US New Home Sales: August 2017Contracts for new single-family home sales in the US declined 3.4 per cent in August to a 560,000 seasonally adjusted annual rate, according to estimates from the joint data release of HUD and the Census Bureau Tuesday. This was the second month of decline for the pace of new home sales and the weakest rate…
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BCFii Year-in-Review: 2016/17
Read more: BCFii Year-in-Review: 2016/17This week British Columbia Forestry Innovation Investment released it’s 2016/17 Year in Review report. British Columbia Forestry Innovation Investment is a BC Crown agency with a mandate that includes developing and diversifying markets for BC forest products around the world as well as promoting forest practices and the environmental merits of wood products. According to…
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Japan Housing Starts: July 2017
Read more: Japan Housing Starts: July 2017According to a report released by the Ministry of Land, Infrastructure, Transport and Tourism on August 31st, Japan’s housing starts in July were 83,234 units, a drop of 2.3 per cent from the same month in the previous year, said Japan Lumber Journal September 15. When compared to the previous months, that figure decreased by…
