Alberta’s forestry minister declared an early start to the wildfire season, The Weather Network reports.
Wood Markets News
Construction Sector Employment Trends Higher in February
The construction labor market experienced a modest increase in job openings in February, the BLS and NAHB reported.
New Construction Images Shared of World Expo 2025 Osaka, Kansai’s Massive Timber Structure
Sou Fujimoto Architects has shared new images of the forthcoming World Expo 2025 Osaka, Kansai’s circular wooden container structure, according to a profile by Archinect.
US Job Openings and Labor Turnover Summary for February
As of the last business day in February, the number of job openings changed little at 8.8 million. The job opening rate was unchanged for the third consecutive month at 5.3%.
US Construction Spending Declines Month-Over-Month but Rises Year-Over-Year in February
Construction spending during February was estimated at a seasonally adjusted annual rate of $2,091.5 billion, 0.3% below the revised January estimate.
US First-Time Homebuyers in February Needed to Earn 8.2% More Than a Year Ago to Afford a Starter Home
US homebuyers needed to earn $75,849 annually to afford the typical starter home, up 8.2%, or $5,767, from February 2023.
Brazilian Exports of Wood-Based Products Increase Year-Over-Year in February
Brazilian exports of wood-based products (except pulp and paper) increased 16.0% year-over-year in value in February, the ITTO reported.
US National Interagency Fire Center Wildfire Update for the Week Ending March 29th
As of March 29th, 10 uncontained large wildfires were reported during the week. The fires are confined to 5 states and have burned 22,372 acres.
BC’s Prince George Fire Center Proactively Under Fire Ban Through October 15th
The Prince George Fire Center is under a fire ban as of noon on Thursday, March 28th, The Canadian Press reported.
Setra Doubles CLT Capacity in Långshyttan, Sweden
Setra is inaugurating a new processing machine for cross-laminated timber, doubling the capacity of its CLT factory in Långshyttan.