The Bureau of Labor Statistics (BLS) is reporting that the Consumer Price Index (CPI) for all Urban Consumers (CPI-U) prices increased 0.4% in December on a seasonally adjusted basis, after rising 0.2% in November.
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending January 8th , 2021, the Market Composite Index, a measure of mortgage loan application volume, increased 16.7% on a seasonally adjusted basis from one week earlier.
Good Earth Power AZ and its operating entity, NewLife Forest Products, one of Arizona’s leading forest products company, has acquired the former Essity AB., tissue production plant in Bellemont Arizona.
Southeast Alaska’s regional Native corporation Sealaska, one of thirteen Alaska Native Regional Corporations, announced on Monday (1/11) that after 40-years they are transitioning out of the logging business.
According to data released on January 7th, 2021, by United States Department of Agriculture’s (USDA) Foreign Agricultural Service, the U.S. exported 660,312.5 metric tons of wood pellets in November. This is up from 624,212.9 metric tons in October, but down from 777,976.5 metric tons in November 2019.
The U.S. Bureau of Labor Statistics (BLS) has posted its Job Opening and Labor Turnover Survey (JOLTS) for November 2020. According to the JOLTS report the number of job openings dropped from 6.7 in October to 6.5 million in November, which is a rate of 4.4%, as of the last business day of November.
The latest Mortgage Banker Association’s (MBA) Forbearance and Call Survey reports that the total number of loans now in forbearance decreased from 5.53% of servicers’ portfolio volume in the prior week to 5.46% as of January 3, 2021.
The National Federation of Independent Business (NFIB) Small Business Optimism Index declined 5.5 points from November, to a reading of 95.9 in December. Falling below the historical average reading of 98, which was established in 1973.
The Oregon wildfires of 2020 destroyed nearly 1.2 million acres of forest land. Within days of the wildfires starting, nurseries were receiving calls from frantic foresters wanting to place additional orders for conifer seedlings, above what they already had on order for planned replanting operation, needed to replant areas devastated by the fires.
The U.S. Bureau of Economic Analysis (BEA) is reporting that when compared to Q2 of 2020, real gross domestic product (GDP) in Q3 rose in all 50 states and the District of Columbia. Nationally, in Q3 2020 real GDP growth increased to 33.4%, after suffering a decrease of 31.4% in Q2 of 2020.