The Conference Board Consumer Confidence Index® declined in October to a reading of 102.6 (1985=100), from an upwardly revised September reading of 104.3.
Wood Markets News
Winners Announced for the Second Annual Mass Timber Competition
Five winners have been selected in the second annual “Mass Timber Competition: Building to Net-Zero Carbon,” the Softwood Lumber Board announced.
S&P CoreLogic Case-Shiller US Home Price Index Continued to Move Higher in August
The S&P CoreLogic Case-Shiller US National Home Price NSA Index shows 13 of the 20 major metro markets reported month-over-month increases in August.
Canadian GDP Unchanged for the Second Consecutive Month in August
In August, real GDP was virtually unchanged for the second consecutive month as factors such as higher interest rates, inflation, forest fires, and drought continued to weigh on the economy.
Wisconsin Legislature Considers Increasing the Number of “Heavy” Forest Products Truck Routes
Wisconsin lawmakers are considering legislation that would increase the weight forest-products trucks can carry on additional routes near the Michigan-Wisconsin border, WPR reported.
BSW Timber Wins Approval to Expand Sawmill in Wales
BSW Timber was granted approval from Powys County, Whales, to create the first “super” sawmill in Wales, according to the Brecon & Radnor Express.
A Behind-The-Scenes Look At Asia’s Largest Timber Building at Singapore’s Nanyang Technological University
Global Construction Review is taking a behind-the-scenes look at the “Gaia” project at Singapore’s Nanyang Business School.
US National Interagency Fire Center Wildfire Update for the Week Ending October 27th
As of Friday, October 27th, 11 large wildfires have burned more than 122,231 acres in 7 states. Seven new large new wildfires were reported during the week.
BC Announces $300 Million Conservation Financing Program for Old-Growth Forests
BC is accelerating the protection of its old-growth trees while benefiting communities and wildlife by launching a new $300 million (CAD) Conservation Financing Mechanism.
Stora Enso Launches New Planting Model at Its Logging Sites in Finland
Stora Enso has launched a new operating model at its logging sites in Finland to improve the vitality and biodiversity of forests: reducing the density of planted spruce trees.