According to a report issues by the International Tropical Timber Organization U.S. imports of tropical hardwood veneer recover from a dismal February as March imports rose by 56%.
Interfor Corporation has announced that due to a challenging economic situation, coupled with the difficulties presented by the COVID-19 pandemic, it is planning on curtailing operations at its Glichrist Oregon facility, starting in late June.
A closer look into the U.S. Census Bureau’s Quarterly Starts and Completions by Purpose and Design finds that townhouse construction, in the first quarter of 2020, was flat on a year-over-year basis.
A deeper dive into the U.S. Census Bureau’s Quarterly Starts and Completions by Purpose and Design reveals a bright spot in the number of single-family homes built-for-rent.
According to the NAHB Multifamily Market Survey, as a result of the ongoing COVID-19 pandemic, multifamily builders and developers confidence in their markets softened substantially in the first quarter of 2020.
Many dealers are reporting that in spite of a poor U.S. Housing Starts and Permits report for April, their sales remain slow but steady and showing some very small signs of improvement.
The U.S. Department of Labor is reporting that an additional 2.438 million Americans made their initial filing for unemployment benefits during the week ending on Saturday, May 16th.
China’s plywood exports for first quarter of 2020, when compared to the same period in 2019, suffered a loss of 85% in volume and 82% in value.
Canfor Corporation has announced its intention to permanently close their Isle Pierre sawmill sometime in the 3rd Qtr. of this year.
According to Statistics Canada, Canada’s annual inflation rate fell by 0.2% in April, moving into negative territory for the first-time since 2009.