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Roseburg, Springfield, OR, announced plans to conduct a feasibility study to potentially locate a second MDF panel plant or a bioenergy production facility in the Western U.S. The study should be concluded in the next few months with a decision expected by the end of 2022. See Roseburg

U.S. housing starts in May were at a seasonally adjusted annual rate of 1.55 million, down 14.4% from the revised April figure and 3.5% below the comparable month last year. Single-family starts fell 9.2% from April to 1.05 million. U.S. building permits were at a seasonally adjusted annual rate of 1.7 million, decreasing 7% from

U.S. builder confidence for new single-family homes in June decreased for the sixth straight month, decreased two points from May to 67, the lowest reading in two years, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions dipped one point to 77 and the

Canadian building construction investment in April was up 2.7% from March to $20.9 billion (CAD). Residential construction spending grew 3.2% to $15.7 billion over March, and non-residential totals were 1.4% higher in April at $5.3 billion. Single-family spending rose 4.5% from March to $8.8 billion and multi-unit levels increased 1.5% to $6.9 billion in April.

Seasonally adjusted Canadian wood product sales in April were $4.5 billion (CAD), down 6% from March and 10.4% lower than the comparable month in 2021. Sales of furniture and related products totaled $1.3 billion, rising 1.1% from March and jumping 22.1% over April 2021. Canadian manufacturing sales for all industries increased 1.7% from March to