Wood Markets News


Canadian Real GDP Declines in December

Statistics Canada reported today that Canadian real GDP declined 0.1% in December, following a 0.1% increase in November. Goods-producing industries fell 0.6%, while service-producing industries remained unchanged.

New Residential Single-Family Home Sales Rise in January

On Friday, the US Census Bureau and the Department of Housing and Urban Development jointly announced that new residential single-family home sales for January were at a SAAR of 670,000, according to estimates. This is 7.2% above the revised December rate of 625,000.