Tag: sawmill

Total nonfarm payroll employment in the US increased by 263,000 in April, while the unemployment rate declined to 3.6%. Residential construction employment increased by 600 in April, after the increase of 11,200 jobs in March. The total construction industry (both residential and nonresidential) gained 33,000 jobs in April. Additionally, the latest monthly employment data released…

The Case-Shiller U.S. National Home Price Index, reported by S&P Dow Jones Indices, rose at a seasonally adjusted annual growth rate of 3.8% in February, following the increase of 3.2% in January. On a year-over-year basis, the Case-Shiller U.S. National Home Price NSA Index rose by 4% in February, down from 4.2% in January. It was the…

Data from the BLS Job Openings and Labor Turnover Survey (JOLTS) released Tuesday indicate that construction job openings increased in March, consistent with the ongoing challenge of the availability of labor for builders, said the US National Association of Home Builders. The estimated number of job openings in the construction sector increased to 360,000, a post-Great Recession…

At a hearing on Tuesday by a trade panel under Chapter 19 of the North American free-trade agreement, lawyers for the Canadian industry and federal government said U.S. lumber producers were doing just fine before the tariffs came down – and certainly did not need any protection from Canadian competition, according to Globe and Mail…

Wholesaler (net FOB sawmill) prices of green Douglas fir 2x10s #2&Btr skyrocketed last week, up +$55 or +16%, to US$355 mfbm as other — more standard — North American construction framing softwood lumber prices either stayed flat or bounced moderately as buyers and sellers came to some agreement on the supply-demand balance. The very latest…