Wood Markets News


Huber Resources Acquires Certain Assets of Compass Land Consultants

Huber Resources Corp, a subsidiary of the JM Huber Corporation, announced on Monday that it has acquired certain assets of Compass Land Consultants. According to the press release, the move will grow and expand HRC as well as its Sewall Forestry and Natural Resources Consulting business globally in key service areas.

Job Openings and Labor Turnover Summary for March

On Tuesday, the US Bureau of Labor Statistics reported the Job Openings and Labor Turnover Summary (JOLTS) for March. As of the last business day in March, the number and rate of job openings declined to 9.6 million (a loss of 384,000) and 5.8%, respectively.

US Construction Spending Rises 0.3% Month-over-Month in March

On Monday, the US Census Bureau reported that total construction spending during March was estimated at a seasonally adjusted annual rate (SAAR) of $1,834.7 billion, 0.3% above the revised February estimate of $1,829.6 billion. The March figure is 3.8% above the March 2022 estimate of $1,768.2 billion.