According to the latest released report by Challenger, Gray & Christmas (CG&C), Inc, a global outplacement and business and executive coaching firm, U.S. based employers announced 64,797 job cuts in November.
Wood Markets News
Mortgage Rates Set Another New Record Lows in the Week Ending 3rd December 2020
Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending 3rd December 2020.
Western Forest Products Adds Second Shift at B.C. Ladysmith Sawmill
Western Forest Products has announced that it intends to add a second shift at their B.C. Ladysmith Sawmill facility in February 2021.
Katahdin Forest Products Purchases Fully Functional Mill in Chester Maine
Katahdin Forest Products (KFP) is increasing its cedar production capacity after suffering a major setback in production in September, when fire destroyed one of the company’s largest sawmills.
Researchers Findings Indicate that Planting Trees and Deforestation Efforts Costs Could Quickly Accelerate
Researchers from RTI International (RTI), North Carolina State University and Ohio State University are reporting in the journal Nature Communications, published on 12-2-20, that planting trees and preventing deforestation remain key climate change mitigation strategies.
Oregon Proposes Salvage Logging and Reforestation Plan for Beachie Creek, Lionhead and Riverside Wildfires
Oregon is proposing a log salvage as well as the implementation of a reforestation plan in the areas in the Santiam State Forest that were harmed by September’s Beachie Creek, Lionshead and Riverside wildfires.
New Policies Proposed to Keep Climate Change Impacts at Bay
The Intergovernmental Panel on Climate Change has a clear message: to keep catastrophic climate change impacts at bay, we need to keep our warming below 1.5 degrees Celsius, and the land sector must play a central role in achieving that.
ADP National Employment Report: Private Sector Employment Adds 365,000 Jobs in October
According to the October ADP National Employment Report®, private sector employment increased by 365,000 jobs from September to October.
Home Prices Jump 7.3% Year-Over-Year
CoreLogic®, a leading global property information, analytics and data-enabled solution provider released today (12/2) the CoreLogic Home Price Index (HPI™) and HPI Forecast™ for October 2020. According to the HPI year-over-year home prices nationally increased 7.3%.
Canada Prepares to Initiate a New Tax on Foreign Non-Resident Speculative Home Purchases
Canada has announced that it is preparing to initiate a new tax on foreign non-resident speculative purchases of homes in the country. The new tax was mentioned in the Fall Economic Statement, which was published on Monday (12/1), but offered few details.