Mass Timber+ will bring together suppliers, buyers, and specifiers in wood-based offsite construction this October in Boston.
Wood Markets News
US Mortgage Applications Decline in the Week Ending April 25
Mortgage loan application volume declined 4.2% on a seasonally adjusted basis from one week earlier, MBA reported.
Canadian GDP Declines in February, Offsetting January’s Gains
Canadian real GDP contracted 0.2% in February, partly offsetting January’s 0.4% increase.
ADP Reports Private Sector Employment and Compensation Both Increased in April
Private sector employment increased by 62,000 jobs in April, down from a 155,000 gain in March, ADP reported.
Michigan DNR to Sell Storm-Damaged Timber to Reduce Beetle Infestation and Wildfire Risk
The Michigan Department of Natural Resources will issue salvage timber sales due to the ice storm in March that affected 919,500 acres.
Fannie Mae Adjusts Housing Activity Forecast
The ESR Group expects new single-family construction to total approximately 964,000 units this year.
US Consumer Confidence Plunges in April, Extending Five-Month Decline
The Conference Board Consumer Confidence Index declined 7.9 points to a reading of 86.0, the lowest level since the onset of the pandemic.
US Construction Sector Job Openings Drop in March
The number of open construction sector jobs fell from a revised 286,000 in February to 248,000 in March, the BLS and NAHB reported.
US Green Building Council Launches New LEED Rating System for Sustainable Buildings
The US Green Building Council launched LEED v5, the latest version of its flagship Leadership in Energy and Environmental Design green building program.
US Job Openings and Labor Turnover Summary for March
As of the last business day in March, job openings were little changed at 7.2 million, but down 901,000 from a year earlier.