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North American Railway Difficulties
Yet another transportation issue bombshell hit the North American forest industry last week in the form of a potential looming labour disruption in Canada. Wednesday reported the Manitoba Co-operator that members of the Teamsters and IBEW (International Brotherhood of Electrical Workers) unions were set to strike CP Rail April 21, but postponed it until union…
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US Construction Materials Prices: March 2018
Building materials prices in the US continued to climb in March, according to the latest Producer Price Index release by the US Bureau of Labor Statistics Tuesday. OSB-led price increases, up +9.3% since February, while the indexes for ready-mix concrete (+3.3%), softwood lumber (+2.2%), structural steel (+2.0%), and gypsum products (+1.1%) also moved higher. US Construction Materials…
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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%.…
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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…
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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…