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North American Sawmill Capacity Utilization: July 2017
As 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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Quebec and Ontario Lumber Headed to Storm-Hit Areas
A 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
CoreLogic 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
Overall 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
Lumber 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…
