According to the S&P CoreLogic Case-Shiller Indices, home prices rose nationally 3.9% annually, which is up from December’s 3.7% rise. […]
Wood Markets News
Weyerhaeuser Announces Curtailments and Reduction of Capital Expenditures in Response to COVID-19 Pandemic
Weyerhaeuser has provided an update on the actions that they are taking in response to the COVID-19 pandemic. Devin W. […]
Nonfarm Payroll Employment Grows in February
The U.S. Bureau of Labor Statistics (BLS) is reporting that in February, nonfarm payroll employment increased in 38 states and […]
Pending Home Sales Increase 2.4% in February
The National Association of Realtors® (NAR) has reported Pending Homes Sales Index (PHSI) rose 2.4% to 111.5 in February. Year-over-Year […]
Nova Scotia Sawmill Industry Dealt Another Blow with the COVID-19 Pandemic
Nova Scotia’s sawmill industry was already suffering due to the closure of the Northern Pulp factory when the COVID-19 pandemic […]
Gross Domestic Product Increases in the Fourth Quarter
According to the latest (third) estimate released by the U.S. Department of Commerce, Bureau of Economic Analysis (BEA) real gross […]
Personal Income and Outlays Increase in February
According to the Bureau of Economic Analysis (BEA) Personal Income (PI) increased $106.8 billion (0.6%) in February Disposable Personal Income […]
Enviva, the World’s Largest Industrial Pellet Manufacturer Ramps Up Production in the Southeast
The world’s largest producer of industrial pellets, Enviva, is reporting that their plant in Hamlet N.C. is continuing to ramp […]
30-Year Fixed Mortgage Rate Moves Lower
Freddie Mac has released its Primary Mortgage Market Survey (PMMS) for the week ending March 26th, 2020. The PMMS shows that […]
Weyerhaeuser Reports Sale of Montana Timberland Completed
Weyerhaeuser has announced that they have completed the sale of 630K acres of Montana timberlands to Southern Pine Plantations for […]