-
US Residential Construction Spending: Feb 2018
NAHB analysis of Census Construction Spending data, released Monday, shows that total private residential construction spending in the US stood at a seasonally adjusted annual rate of US$533 billion in February, a gain of 0.1% from the upwardly revised estimate of January. Over the past 12 months, total private residential construction spending was up 5.5%.…
-
US Construction Self-Employment Rates: Full Year 2016
According to the 2016 ACS, released Thursday, over 23% of construction workers are self-employed, while an economy-wide average does not reach 10% of the employed labor force. The high self-employment rates in construction reflect a common practice of builders and remodellers to maintain relatively small payrolls and rely on subcontractors for a large share of…
-
Madison’s Announces . . . BC Coastal Log Prices: Monthly
The information tool for your forest management and investment planning decisions. Our *new* monthly log price report is tailored to provide you with vital data about prices of various species and grades of British Columbia coastal logs, for Canadian and international markets, at your fingertips in a timely manner. Order our PRE-PUBLICATION sale and be…
-
US Building Materials Prices Continue Recent Increases: Feb 2018
Prices paid for building materials in the US increased across the board in February, according to the latest US Producer Price Index (PPI) release by the Bureau of Labor Statistics said the National Association of Home Builders Wednesday. The indices for softwood lumber (+5.6%), gypsum products (+4.2%), OSB (+3.1%), ready-mix concrete (+0.4%), and inputs to…
-
Astonished Customers Delay Buying as Softwood Lumber Prices Remain High
Players in the recent overheated lumber market took a pause this week as benchmark WSPF KD 2×4 #2&Btr cash prices stayed flat over the previous week. The lumber futures board on the Chicago Mercantile Exchange dropped down-limit at close Thursday and continued it’s slide in active trading Friday. Sawmills were able to respond to reluctant…
