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Manufacturing Orders, US: October 2016
The 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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US Petitions for AD and CVD Investigations of Imports of Softwood Lumber Products from Canada
FACT 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
Subject: 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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Canada Tariff on US Gypsum Imports
First 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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US Building Material Prices: October 2016
The 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…