According to the International Tropical Timber Organization the value of Brazilian exports of wood-based products (except pulp and paper) dropped 13.5% in May to $236.3 million, when compared to May 2019 , $ 273.3 million.
The FHFA has announced that both Fannie Mae and Freddie Mac are going to be allowing services to extend forbearance for multifamily property owners with existing forbearance agreement for up to three additional months, totaling forbearance up to six months.
Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending 2nd July 2020.
Dealers continue to report strong sales to their contractor customers jobsites but noted that deliveries for Friday were a bit on the light side.
A recent webinar hosted by Grow Smart Rhode Island considered the connection and correlation between forest health and new wood-construction technologies in a combination that can significantly reduce carbon emissions.
According to the Bureau of Labor Statistics (BLS) total nonfarm employment increased by 4.8 million jobs in June and the unemployment rate has dropped to 11.1%.
The U.S. Department of Labor is reporting that an additional 1.427 million Americans made their initial filing for unemployment benefits during the week ending on Saturday June 27th.
According to the ADP National Employment Report®, private sector employment increased by 2,369,00 jobs from May to June.
According to data from the MBA Weekly Mortgage Application Survey, for the week ending June 26th, 2020, the Market Composite Index decreased -1.8% on a seasonally adjusted basis from one week earlier.
The U.S. Census Bureau is reporting that total construction spending during May 2020 was estimated at a seasonal adjusted annual rate (SAAR) of $1,356.4 billion.