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Lumber Demand Remains Unseasonably Soft
Even in the middle of May the usual spring home construction did not materialize. The harsh winter was a distant memory as normal seasonal weather was upon North America, yet building activity did not increase. Whether it was concerns over macroeconomic conditions, questions about potentially low new home sales, or simply uncertainty in general; most…
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Madison’s Lumber Prices Index: May 26, 2023
The Madison’s Lumber Prices Index for the week ending May 19, 2023 is: US$382 mfbm The Madison’s Lumber Prices Index for the week ending May 19, 2023 is: US$382 mfbmThis is down by -2%, or -$8, from the previous week when it was US$390 For information regarding the construction of this Index (species mix, weighed…
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Raging Wildfires Hit Alberta as Winter Snow Barely Melted
The seemingly never-ending winter of 2022/23 had barely moved into spring when an enormous amount of forest fires broke out in Alberta. Raging wildfires forced the evacuation of roughly 25,000 residents, so far. At time of writing, more than 350,000 hectares burned since January 1st, compared to an average of 800 hectares by this time…
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Madison’s Lumber Prices Index: May 19, 2023
The Madison’s Lumber Prices Index for the week ending May 19, 2023 is: US$390.5 mfbm The Madison’s Lumber Prices Index for the week ending May 19, 2023 is: US$390.5 mfbmThis is up by +0.5%, or +$2, from the previous week when it was US$388.4 To check the respective price trendlines, we decided to plot the…
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Madison’s Lumber Prices Index: A Powerful Tool for Data-Driven Decision Making (video)
view the video of Madison’s Lumber Reporter explaining the brand *new* Madison’s Lumber Prices Index: Madison’s Lumber Prices Index can signal upcoming changes and broad trends in the economy, which has tremendous value when examined across a period of time. Madison’s Lumber Reporter specializes in providing comprehensive insights to drive informed decision-making. With a team…
