Statistics Canada is reporting that Canada’s inflation rate has tumbled to a near 5-year low of 0.9% in March as […]
Wood Markets News
Arauco Announces Plans to Permanently Close Bennettsville S.C. MDF Mill on May 18th
Arauco, a leader in the composite panel and forest products industry, has announced it will be closing its medium density […]
FEA’s Weekly Order Survey Indicates Continued Strength
It’s not all the gloom and doom we are hearing about. Most dealers continue to report decent sales but just […]
Weekly Jobless Claims up 4.427 Million for Week Ending April 18th
The U.S. Department of Labor is reporting that an additional 4.427 million Americans applied for unemployment benefits during the week […]
New Single-Family Home Sales Tumble in March
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development are reporting that the sales of new […]
U.S. Court of International Trade Confirms U.S. Lumber Duties Do Not Apply to Canadian Cedar Products
According to a posting on LAW360, the U.S. Court of International Trade (CIT) has upheld the U.S. Department of Commerce’s […]
U.S. Home Prices Increase 0.7% in February 2020
The Federal Housing Finance Agency (FHFA), Home Price Index (HPI) reports that U.S. house prices rose in February, 0.7% from […]
Mortgage Applications Decrease Slightly in Week Ending April 17th 2020
According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending April 17th, 2020, […]
Paper Product Shortages the Unintended Consequence of Mill Curtailments and Shutdowns
The mill curtailments and complete mill shutdowns in British Columbia and other parts of North America were supposed to help […]
Canadian Forestry Industry Faces Major Headwinds Through the 3rd Quarter of 2020
According to Derek Nighbor, president – CEO of the Forest Products Association of Canada (FPAC), which represents Canada’s wood, pulp, […]