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US Wildfires Destroyed over 7,000 Homes
The latest word out of Madison’s contacts close to the Softwood Lumber negotiations Tuesday is that — in advance of the next looming ‘gap period’ this time on the anti-dumping duty — there will be some kind of announcement out of US Commerce dept regarding: ” sources are conveying that the AD/CVD aligned Final Determination…
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US Housing Starts: September 2017
The US Commerce Department revealed Wednesday in the latest data, that housing starts in the US decreased 4.7 per cent to a seasonally adjusted annual rate of 1.127 million units in August. US Housing Starts The US Commerce Department said Thursday that the drop in September data was the lowest level since September 2016 and…
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Building Permits, Canada: August 2017
Canadian municipalities issued $7.5 billion worth of building permits in August, down 5.5 per cent from July, according to Statistics Canada Tuesday. This was the second consecutive monthly decrease. Despite these declines, the year-to-date value of building permits (January to August) is up 8.7 per cent compared with the same period in 2016, reflecting a…
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US Construction Job Openings: August 2017
The count of unfilled jobs in the US construction sector continued to rise in August, reaching the highest level since February 2007, according to the BLS Job Openings and Labor Turnover Survey (JOLTS) and NAHB analysis. The number of open construction sector jobs increased to 247,000 in August. This represents a 34 per cent increase…
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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…
