Wood Markets News

Sealaska To Exit Logging Business

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.

Job Opening and Labor Turnover Survey for November 2020

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.

Real Gross Domestic Product Increases 33.4% in Q3

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.