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US Trade Entanglements
Madison’s has word from US Customs Brokers working the border that — upon requesting clarification from Customs and the DoC — it seems that, at least for now, shake and shingles are also captured in the highly punitive US softwood lumber CV and AD duties. As the bizarre US newsprint trade claim against Canada last…
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US Home Sales, House Prices, Construction Spending: Nov 2017
The latest data out of various US home building and sales agencies show a housing construction market much hotter than was anticipated in most projections for 2017. Construction spending in the US during November 2017 was estimated at a seasonally adjusted annual rate of US$1,257 billion, 0.8 per cent above the revised October estimate…
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Canadian Forest Industry: Oct 2017
A flurry of full-year 2016 and October data for Canada’s forest products industry was released by Statistics Canada just before the end of last year. Manufacturing industry, including logging, and GDP by industry data is now out. Canada Forest Industry: October 2017 Total revenues reported by Canadian manufacturers increased to $664 billion in 2016, up…
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North American Forest Industry Back to Regular Operations: Jan 2018
Just as Madison’s predicted not three weeks ago, demand for solid wood products continues fierce in 2018 and prices are showing signs of further strength in the months to come. It almost seemed like in 2017 lumber prices didn’t have a usual seasonal low; as follow-through of strong demand after US Thanksgiving kept manufactured wood…
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Canadian Forest Industry: Oct 2017
A flurry of full-year 2016 and October data for Canada’s forest products industry was released by Statistics Canada just before the end of last year. Manufacturing industry, including logging, and GDP by industry data is now out. Canada Forest Industry: October 2017 Total revenues reported by Canadian manufacturers increased to $664 billion in 2016, up 0.9 per cent…
