Stimson Lumber Company’s Chief Executive Officer Andrew Miller on Wednesday (6-26-24), announced that the wood product company will invest $50 […]
Wood Markets News
Canadian Real GDP Increased in April
Statistics Canada (StatsCan) reported on Friday (6-28-24), that real gross domestic product (GDP) grew 0.3% in April, after being essentially […]
U.S. Bureau of Economic Analysis Reports Personal Income and Outlay Data for May 2024
The US Bureau of Economic Analysis (BEA) reported on Friday (6-28-24) that, according to their estimates, Personal Income (PI) increased […]
University of Michigan Reports the Final Results of its Consumer Sentiment Index for June 2024
The University of Michigan on Friday (6-28-24), released the final results of its Consumer Sentiment Index (CSI) for June. The […]
B.C.’s Chief Forester Sets New Allowable Annual Cut Level for North Island Timber Supply Area
British Columbia’s chief forester on Wednesday (6-26-24), announced the setting of the new allowable annual cut (AAC) level for the […]
U.S. Pending Homes Sales Drop 2.1% in May 2024
On Thursday (6-27-24), The National Association of Realtors® (NAR) reported their Pending Homes Sales Index (PHSI) for May 2024. The […]
30-Year Fixed Mortgage Rate Hits Lowest Level in Almost Three Months
Freddie Mac has released its Primary Mortgage Market Survey® (PMMS) for the week ending Thursday, June 27, 2024. The PMMS […]
U.S. Weekly Jobless Claims Inched Lower – in the Week Ending 22 nd June 2024
The U.S. Department of Labor reported on Thursday (6-27-24), its advance figure for seasonally adjusted initial unemployment claims made during […]
U.S. Real GDP in Q1 2024 Increases at an Annual Rate of 1.4% in BEA’s “Third” & Final Estimate
The Bureau of Economic Analysis (BEA) released on Thursday (6-27-24), its “Third” and Final estimate for Q1 of 2024, real […]
Oregon State University Soon to Be Home to First Experimental Lab Made Exclusively of Mass Timber
Portland Oregon-based ZGF Architects and Oregon State University’s College of Forestry are working together to build a $213 million experimental […]