StatCan reported that in July, the volume of cargo carried by Canadian railways totaled 28.9 million tons. Year-over-year, that reflects a 5.1% loss of tonnage.
Wood Markets News
Freddie Mac Multifamily Apartment Investment Market Index Climbs Higher for Second Consecutive Quarter
The Freddie Mac Multifamily Apartment Investment Market Index® for Q2 rose by 5.1%, marking the second straight quarter of the AIMI increasing nationwide and in all 25 markets.
Idaho Industrial Hemp Processor Sees Opportunities for Its Products in Construction Materials
The Whitefield Fiber Processing industrial hemp plant located in Rexburg, Idaho, officially opened its doors in early July, according to the Idaho Business Review.
State of Western Australia Providing Funds to Help Transform Former Timber Towns
Western Australia is working to help transform former timber towns into thriving places to live and visit through the recently created Community Small Grants Fund.
Six-Story CLT Building in Norway Constructed in Record Time
Global Design News has featured a six-story building in Norway constructed using a composite structure of CLT and concrete, creating a slim and efficient floor system.
West Fraser Announces Sale of Its Quesnel River and Slave Lake Pulp Mills to Atlas Holdings
West Fraser will sell its Quesnel River Pulp mill in Quesnel, British Columbia, and its Slave Lake Pulp mill in Slave Lake, Alberta, to Atlas.
Market Share of Single-Family Homes Built Offsite Lags Industry Expectations
The total share of non-site built single-family homes (modular and panelized) was 2% of all single-family homes in 2022, according to the Census Bureau and NAHB.
State-Level Analysis of Construction Sector Employment for August
31 states reported month-over-month employment gains in August, while 14 states lost construction sector jobs. Montana, Oklahoma, and Utah each reported no change.
Canada’s Unemployment Rate Increases to 5.5% in July—The Third Consecutive Monthly Increase
The number of Canadians receiving regular Employment Insurance (EI) benefits increased by 25,000, or 6.0%, to 438,000 in July.
US National Interagency Fire Center Wildfire Update for the Week Ending September 22nd
As of Friday, September 22nd, 53 large wildfires have burned 440,958 acres in 11 states. Three new large new wildfires were reported on Thursday.