The Bureau of Labor Statistics (BLS) is reporting that the Consumer Price Index (CPI) and the ‘core’ CPI both continued to increase in August.
Wood Markets News
The National Fire Protection Association Adopts Tall Mass Timber Provisions
The National Fire Protection Association (NFPA) has announced allowances for larger and taller mass timber buildings in accordance with NFPA 5000 Building Construction and Safety Code® and, where applicable, NFPA 101 Life Safety Code®.
The Lull in Sales Continues According to FEA’s Weekly Order Survey Participants
Dealers responding to the FEA Weekly Order Survey continue to report slower, but still steady sales. However, for the third week in a row, and this includes the Labor Day holiday, sales have not been as strong as in the preceding week.
Stora Enso to Invest 79 million €, in New Cross Laminated Timber Production Line at Zdirec Sawmill.
Stora Enso has announced that they are making a 79 million € investment in a new production line for cross laminated timber (CLT) at their Zdirec sawmill in the Czech Republic.
Due to Wildfires Washington State’s DNR Closes all Lands East of the Cascades to Reactional Use
The Washington State Department of Natural Resources (DNR) is closing, effective immediately, all of the lands it manages east of the Cascades to recreation due to high fire danger.
Northeast Lumber Manufactures Association (NELMA) Releases Updated Standard Grading Rules Book
The Northeastern Lumber Manufacturers Association (NELMA) has released an updated Standard Grading Rules for Northeast Lumber book.
Canadian Home Starts Increase in August
According to Canada Mortgage and Housing Corporation (CMHC) the trend in housing starts in Canada in August were at 213.144 units, up from 204,597 in July.
Weekly Jobless Claims Hold Steady for the Week Ending September 5th, 2020
The U.S. Department of Labor is reporting that an additional 884,000 Americans made their initial filing for unemployment benefits during the week ending on Saturday September 5th. Unchanged, from last week’s upward adjusted numbers
Wildfires Consume More Than 330,000 Acres in Washington State in Just 24-hours
Fueled by high winds and an abundance of dry brush, the state of Washington continues to deal with wind-whipped wildfires that on Tuesday consumed more than 330,000 acres of brush and timber.
California’s Wildfire Season Yet to Peak and 2 Million Acres Have Already Burned
The peak of wildfire season is about to begin in California and before it starts the state has already set a record with 2 million acres burned so far this year. The previous record was set just two years ago.