According to data recently released by the USDA’s Foreign Agricultural Services’ Global Agricultural Trade System, exports of Southern Pine lumber […]
Wood Markets News
Enviva Exits Chapter 11 Bankruptcy Protection
Enviva announced on Friday, December 6, 2024, that it has successfully emerged from Chapter 11 bankruptcy protection, marking a significant […]
Timber Development UK Timber Import Report Highlights Mixed Trends
Timber Development United Kingdom (TDUK) released its Q3 2024 timber import volumes report on December 6, 2024. The report highlights […]
Fannie Mae’s Home Purchase Sentiment Index® Continues to Trend Higher in November
Fannie Mae on Monday (12-9-24), released its Home Purchase Sentiment Index® (HPSI) for November 2024. According to the report the […]
Roseburg Forest Products Lays Off 2.5% of Its North American Workforce
Roseburg Forest Products confirmed that it laid off approximately 2.5% of its workforce across all North American locations early last month, while 120 positions are slated to be filled at Oregon facilities through 2026, The News-Review reported.
San Group Files for Creditor Protection
The San Group, which operates two sawmills and a remanufacturing plant in Port Alberni, has filed for creditor protection, the Times Colonist reported.
US Nonfarm Payroll Increases By 227,000 in November; Unemployment Ticks Up to 4.2%
Total nonfarm payroll employment increased by 227,000 in November. The unemployment rate increased to 4.2%.
US Wood Pellet Exports Decline in October
The US exported 839,226.4 metric tons of wood pellets in October, down from 898,128.2 metric tons in September, a Biomass Magazine review of USDA data shows.
University of Michigan Reports Preliminary Results of Its Consumer Sentiment Index for December
The University of Michiga Index of Consumer Sentiment increased to a reading of 74.0 in December, up from 71.8 in November. This is a month-over-month increase of 3.1% and up 6.2% year-over-year.
Canadian Employment and Unemployment Both Increase in November
Canadian employment increased 0.2%, or 51,000 jobs, in November. The employment rate held steady at 60.6%.