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North America Softwood Lumber Production, Sawmill Capacity Utilization, WWPA: MARCH 2020
For the first three months of 2020 softwood lumber production in the US improved further compared to one-year-ago, increasing on the previous month’s rise, says the latest issue of the Western Wood Products Association’s monthly Lumber Track. For January to March 2020 US lumber production volume increased by another +5.2% to 9,161 mfbm compared to…
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Madison’s Weekly Softwood Lumber Prices
Key softwood lumber market weekly comment: “Even the Canadian and American national holidays couldn’t slow down red hot demand in the market this week.” https://madisonsreport.com North America Construction Framing Dimension Softwood Lumber Prices updated July 6, 2020 (CLICK TABLE TO ENLARGE)
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Canada and US Railcar Loadings: June 2020
The US Association of American Railroads (AAR) Friday reported US rail traffic for the week ending June 27, 2020, as well as volumes for June 2020. US railroads originated 794,256 carloads in June 2020, down -22%, or 228,975 carloads, from June 2019. US railroads also originated 1,004,933 containers and trailers in June 2020, down -7%,…
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US Construction Spending: May 2020
Outlays for construction projects in the US fell -2.1% in May at a seasonally adjusted annual rate of US$1.36 trillion, the Commerce Department reported Wednesday. Residential construction fell -3.9% in May, while spending on public construction projects rose +1.2%. Spending in April was revised to a -3.5% fall from the prior estimate of a -2.9%…
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US New and Existing Home Sales: May 2020
New Single-Family Sales Up +13% Compared to May 2019 Sales of new single-family homes in the United States jumped +17% month-over-month to an annualized rate of 676 thousand in May of 2020. However, data for April was revised sharply lower to 580 thousand, from 623 thousand. Still, May’s figure is the highest in three months.…
