The National Association of Realtors® (NAR) has reported Pending Homes Sales Index (PHSI) rose 2.4% to 111.5 in February. Year-over-Year […]
News
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 […]
Canfor Corporation Announces Production Curtailments Company Wide.
Canfor Corporation has announced the measure it will be taking in response to the COVID-10 outbreak. Canadian operations: Effective March […]
National Association of Home Builders Survey Reveals COVID-19 Negatively Impacting Customer Traffic
In a survey conducted by the National Association of Home Builders (NAHB) between March 18th through the 23rd, builders were […]
U.S. Jobless Rate Soars to Record High as COVID-19 Pandemic Grows
The impact of the COVID-19 pandemic continues to take its toll on the U.S. economy. This morning’s (3-26-20) the U.S. […]