The US Department of Commerce released its final AR7 countervailing duty determinations for Canadian softwood lumber.
Wood Markets News
Value of Canadian Building Permits Rises 8.8% in August
The total value of Canadian building permits rose 8.8% to CA$13.6 billion in August, led by residential construction.
US Mortgage Applications Fall for Sixth Consecutive Week
Mortgage loan application volume decreased 2.7% on a seasonally adjusted basis from one week earlier, marking the sixth consecutive weekly decline, MBA reported.
US Consumer Price Index Rises 3.7% Year-Over-Year in September
The Consumer Price Index for All Urban Consumers rose 0.6% in September on a seasonally adjusted basis and 3.7% year-over-year.
Oregon Department of Forestry Invests $10 Million in Wildfire Risk Reduction and Forest Health Projects
The Oregon Department of Forestry is investing $10 million in projects to reduce wildfire risk and improve forest health across more than 6,400 acres in Oregon.
US Pending Home Sales Fall 4.0% in September, Nearing 12-Year Low
US pending home sales fell 4.0% in September, the largest monthly decline in more than three years, dropping to a near 12-year low, according to Redfin.
Local Coalition Seeks to Purchase RYAM Mill in Témiscaming, QC
A Canadian coalition of mill managers, unionized workers, and First Nations seeks to purchase the RYAM mill in Témiscaming, Quebec.
US Existing-Home Sales Rise in September
US existing-home sales rose 1.5% in September but were down 2.2% year-over-year, NAR reported.
NFIB Small Business Optimism Index Slips in September
The NFIB Small Business Optimism Index fell 0.8 points to 97.9 in September.
US National Interagency Fire Center Wildfire Update for October 9
As of Friday, 8 large fires were actively burning across the US. Year-to-date, 9,013,486 acres have burned.