Enviva announced on Friday, December 6, 2024, that it has successfully emerged from Chapter 11 bankruptcy protection, marking a significant […]
Wood Markets News
Timber Development UK Timber Import Report Highlights Mixed Trends
Timber Development United Kingdom (TDUK) released its Q3 2024 timber import volumes report on December 6, 2024. The report highlights […]
Fannie Mae’s Home Purchase Sentiment Index® Continues to Trend Higher in November
Fannie Mae on Monday (12-9-24), released its Home Purchase Sentiment Index® (HPSI) for November 2024. According to the report the […]
Roseburg Forest Products Lays Off 2.5% of Its North American Workforce
Roseburg Forest Products confirmed that it laid off approximately 2.5% of its workforce across all North American locations early last month, while 120 positions are slated to be filled at Oregon facilities through 2026, The News-Review reported.
San Group Files for Creditor Protection
The San Group, which operates two sawmills and a remanufacturing plant in Port Alberni, has filed for creditor protection, the Times Colonist reported.
US Nonfarm Payroll Increases By 227,000 in November; Unemployment Ticks Up to 4.2%
Total nonfarm payroll employment increased by 227,000 in November. The unemployment rate increased to 4.2%.
US Wood Pellet Exports Decline in October
The US exported 839,226.4 metric tons of wood pellets in October, down from 898,128.2 metric tons in September, a Biomass Magazine review of USDA data shows.
University of Michigan Reports Preliminary Results of Its Consumer Sentiment Index for December
The University of Michiga Index of Consumer Sentiment increased to a reading of 74.0 in December, up from 71.8 in November. This is a month-over-month increase of 3.1% and up 6.2% year-over-year.
Canadian Employment and Unemployment Both Increase in November
Canadian employment increased 0.2%, or 51,000 jobs, in November. The employment rate held steady at 60.6%.
Campbell Global Acquires 40,800 Acres of Timberland in the Pacific Northwest
Campbell Global acquired of 40,800 productive acres of high-quality, commercial timberland located on the Olympic Peninsula in northwest Washington state.