The Georgia Forestry Commission said Hurricane Helene passed over 8.9 million acres, with an initial monetary impact on timber resources estimated at $1.28 billion.
Wood Markets News
Metsä announces closure of Finnish Plywood Mill
Metsä Wood plans to discontinue plywood production at its mill in Suolahti, Finland, due to poor profitability.
Prices for Inputs to New US Residential Construction Declined in September
Prices for inputs to new residential construction—excluding capital investment, labor, and imports—decreased 0.6% in September. Year-over-year, the PPI was down 0.1%.
U.S. Producer Price Index for Final Demand Unchanged Month-Over-Month but Up Year-Over-Year in September
The Bureau of Labor Statistics (BLS) reported on Friday (10-11-24), that the Producer Price Index (PPI) for final demand, seasonally […]
Total Value of Canadian Building Permits Declined in August – Following a Strong July Increase
Statistics Canada (StatsCan) reported on Friday (10-11-24), that the total value of building permits in Canada decreased by 7.0% or […]
Canadian Employment Trekked Higher and Unemployment Declined to 6.5% in September
Statistics Canada (StatsCan) on Friday (10-11-24), reported that Canadian employment rose by 0.2% or 47,000 positions in September, following 4 consecutive […]
University of Michigan Reports the Preliminary Results of its Consumer Sentiment Index for October 2024
The University of Michigan on Friday (10-11-24), released the Preliminary results of its Consumer Sentiment Index (CSI) for October. The […]
U.S Fixed 30-year & 15-year Mortgage Rates Climbed Higher– in the Week Ending 10th October 2024
Freddie Mac has released its Primary Mortgage Market Survey® (PMMS) for the week ending Thursday, October 10, 2024. The PMMS […]
U.S. Consumer Price Index Increased Month-Over-Month and Year-Over-Year in September
The U.S. Bureau of Labor Statistics (BLS) on Thursday (10-10-24), reported that the Consumer Price Index for All Urban Consumers […]
Pending Existing Homes Sales Post Largest Increase in 3-years
Redfin reported on Thursday (10-10-24), that according to its data, in the four-week period ending on October 6th, U.S. pending […]