The Conference Board has reported that its consumer confidence index dropped from 132.6 in February to 120 in March. As […]
Wood Markets News
Off Site Builders Join Forces to Fight COVID-19 Pandemic and Hospital Bed Shortage
As the COVID-19 pandemic, quickly overwhelms the need for hospital beds and equipment to treat the sick, a modular home […]
Consumer Confidence in Canada Drops to Great Recession Lows
The Bloomberg Nanos Canadian Confidence Index, declined sharply for a second straight week, sinking to the lowest level since the […]
Home Price Increases Were Strong in January
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. […]
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 […]