US-based employers announced 40,70 job cuts in June. This is down 49% from the 80,089 job cuts announced in May; however, it is up 25% from the 32,517 job cuts announced in June 2022.
Wood Markets News
US Weekly Jobless Claims Increase in the Week Ending July 1st
The advance figure for seasonally adjusted initial unemployment claims was 248,000 during the week ending on Saturday, July 30th. This is an increase of 12,000 from the previous week’s revised level of 236,000.
U.S. Homes are Selling for 1% Less than Last Year’s All-Time Record High
Redfin, the Seattle-based, technology powered, real estate brokerage firm reported on Thursday (6-29-23), that according to their data the typical […]
Mortgage Payments Increase in April 2023 – for Fifth Consecutive Month – Setting New Record High
The Mortgage Bankers Association (MBA) reported on Thursday (6-29-23), that according to its Purchase Applications Payment Index (PAPI), which measures […]
Paper Excellence’s Catalyst – Crofton Pulp and Paper Mill to Cease Production in July
My Cowichan Valley Now.com reported on Tuesday (7-4-23), that the Catalyst – Crofton pulp mill has ceased production of paper […]
Brazilian Exports of Wood-Based Products Declined Year-Over-Year in May 2023
According to the International Tropical Timber Organization (ITTO) in May 2023 Brazilian exports of wood-based products (except pulp and paper) […]
North London 9-story Mass Timber Office Building – 2 Copper Square – Gains Necessary Approvals
Construction Inquirer.com reported on Wednesday (7-5-23), that developer Related Argent has gained consent for a pioneering 9- story mass timber […]
U.S. Monthly Construction Spending Increased in May 2023
On Monday (7-3-23), The U.S. Census Bureau reported that total construction spending during May 2023 was estimated at a seasonally […]
Canadian Interagency Forest Fire Control Center Wildfire Update for Week Ending June 29, 2023
The Canadian Interagency Forest Fire Center (CIFFC), a non-for-profit corporation owned and operated by the federal, provincial, and territorial wildland […]
U.S. National Interagency Fire Center Wildfire Update for the Week Ending 29th June 2023
The U.S. National Interagency Fire Center (NIFC) is reporting that as of Thursday (6/29/23), nationally, 16 large wildfire have burned […]