Over the 12 months ending in April, the all-items index rose 2.3%, down from a 2.4% increase over the prior 12-month period.
Wood Markets News
Kitselas First Nation Expands Its Role in the Forestry Sector
Kitselas First Nation is expanding its role in the forestry sector with the purchase of a new forest tenure from A&A Trading Ltd, CFNR Network reported.
Sweden’s Holmen Reduces Production at Its Bråviken Sawmill
Holmen is giving notice to about a third of its employees at its sawmill outside Norrköping, Sweden, Skogsindustrin reported.
US Mortgage Delinquencies Trend Higher in Q1
The delinquency rate in Q1 was up 6 basis points from 2024Q4 and was up 10 basis points year-over-year, MBA reported.
NFIB Small Business Optimism Index Retreats in April
The NFIB Small Business Optimism Index declined 1.6 points to a reading of 95.8 in April.
Czech Pavilion for Expo 2025 Osaka Features CLT Design
A spiraling structure of CLT and glass defines the Czech Pavilion for Expo 2025 Osaka in Japan, according to a feature by Dezeen.
US Asking Rents Post Sharpest Year-Over-Year Decline Since Early 2024
The median US asking rent fell 1% year-over-year to $1,625 in April, the largest decline since February 2024, Redfin reported.
US Consumer Credit Slows in Q1
Total outstanding consumer credit reached $5.01 trillion in Q1, an increase of 1.53% (SAAR) compared to the previous quarter, the Federal Reserve and NAHB reported.
CSX and Locomotive Engineers Reach Tentative Five-Year Agreement
CSX reached a tentative agreement with the Brotherhood of Locomotive Engineers and Trainmen on a new five-year single-system agreement.
Bloomington Development Turns to Mass Timber for Two Industrial Buildings in Ontario
Bloomington Development is building two mass timber industrial buildings in Sudbury, Ontario, according to Daily Commerical News.