Wood Markets News


Proposed Prince Albert, Saskatchewan Timber Mill Receives Province Timber Allocation

A proposed timber mill in Prince Albert, Saskatchewan, Canada that is expected to create 700 new jobs in the area moved one step closer to becoming a reality when One Sky Forest Products OSB received its timber allocation from the province. The province did not say how much it was allocating but said the majority of the timber would be from the province…

American Wood Council Supports Mass Timber Pilot Program for Department of Defense

Following the House Armed Service Committee’s markup of the National Defense Authorization Act (NDAA), which included language to establish a pilot program to evaluate the effects of using mass timber products in Department of Defense (DOD) military construction projects, American Wood Council (AWC) President and CEO Jackson Morrill issued a statement in support.

July Construction Job Openings and Labor Turnover Report Released

A closer look at the Bureau of Labor Statistics (BLS) July Job Openings and Labor Turnover Survey (JOLTS), with analysis provided by the National Association of Home Builders (NAHB) and a look specifically on the construction sector, reveals that the number of open construction jobs declined in July to 321,000 unfilled positions. Overall, hiring in the construction sector remained substantial in July, increasing to a rate of 5.2%.

Weekly Jobless Claims Decline in the Week Ending September 4, 2021

The U.S. Department of Labor is reporting that an additional 310,000 Americans made their initial filing for unemployment benefits during the week ending on Saturday, September 4, 2021. This is a decrease of 35,000 from the previous week’s revised level, the lowest level for initial claims since March 14, 2020, when it was 256,000.