News

U.S. Builder Confidence Reaches Record High in August

U.S. builder confidence for new single-family homes in August rose 6 points from July to 78 points, a record high for the 35-year history of the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions climbed 6 points to 84 and the measurement of sales expectations in

Read More »

U.S. Housing Starts Up in July

U.S. housing starts in July were at a seasonally adjusted annual rate of 1.496 million, up 22.6% from the revised June estimate and 23.4% higher than the comparable month last year. Single-family housing starts increased 8.2% from June to 940,000. U.S. building permits in July were at a seasonally adjusted annual rate of 1.495 million,

Read More »

EPA Issues Correction to Final Plywood and Composite Wood Products RTR

The U.S. EPA issued today a correction to the final Plywood and Composite Wood Products (PCWP) Residual Risk and Technology Review (RTR).  An incorrect date was published in last week’s final PCWP RTR Federal Register notice in a paragraph discussing recordkeeping for new sources constructed after September 6, 2019.  Specifically, on page 49459, in §

Read More »

Webb Particleboard to Close

Webb Particleboard, Galax, VA, announced it would cease production at its particleboard facility as of August 22 and the plant will close permanently after all existing orders are cut and shipped. It was reported that all Webb employees will be transferred to the Vaughn-Bassett furniture production company in Galax. See Webb Particleboard

Read More »

Canadian Wood Products Manufacturing Up over 2019

Seasonally adjusted Canadian wood product sales in June were $2.45 billion (CAD), increasing 11.7% from May and up 2.5% from the comparable month last year. Furniture and related products rose 13.2% to $926 million from May but were 14.7% lower than June 2019. Canadian manufacturing sales for all industries increased by a record 20.7% from

Read More »

U.S. Kitchen and Bath Sales Trend Upward

The Kitchen & Bath Market Index (KBMI), produced jointly by the National Kitchen & Bath Association (NKBA) and John Burns Real Estate Consulting, reported that sales rose 3.2 points from Q1 to 44.2 in the second quarter. A score of 50 indicates flat sales growth. The index measuring current conditions was 31.1, down from 46.9

Read More »

U.S. Builder Confidence Reaches Record High in August

U.S. builder confidence for new single-family homes in August rose 6 points from July to 78 points, a record high for the 35-year history of the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The HMI component gauging current sales conditions climbed 6 points to 84 and the measurement of sales expectations in

Read More »

U.S. Housing Starts Up in July

U.S. housing starts in July were at a seasonally adjusted annual rate of 1.496 million, up 22.6% from the revised June estimate and 23.4% higher than the comparable month last year. Single-family housing starts increased 8.2% from June to 940,000. U.S. building permits in July were at a seasonally adjusted annual rate of 1.495 million,

Read More »

EPA Issues Correction to Final Plywood and Composite Wood Products RTR

The U.S. EPA issued today a correction to the final Plywood and Composite Wood Products (PCWP) Residual Risk and Technology Review (RTR).  An incorrect date was published in last week’s final PCWP RTR Federal Register notice in a paragraph discussing recordkeeping for new sources constructed after September 6, 2019.  Specifically, on page 49459, in §

Read More »

Webb Particleboard to Close

Webb Particleboard, Galax, VA, announced it would cease production at its particleboard facility as of August 22 and the plant will close permanently after all existing orders are cut and shipped. It was reported that all Webb employees will be transferred to the Vaughn-Bassett furniture production company in Galax. See Webb Particleboard

Read More »

Canadian Wood Products Manufacturing Up over 2019

Seasonally adjusted Canadian wood product sales in June were $2.45 billion (CAD), increasing 11.7% from May and up 2.5% from the comparable month last year. Furniture and related products rose 13.2% to $926 million from May but were 14.7% lower than June 2019. Canadian manufacturing sales for all industries increased by a record 20.7% from

Read More »

U.S. Kitchen and Bath Sales Trend Upward

The Kitchen & Bath Market Index (KBMI), produced jointly by the National Kitchen & Bath Association (NKBA) and John Burns Real Estate Consulting, reported that sales rose 3.2 points from Q1 to 44.2 in the second quarter. A score of 50 indicates flat sales growth. The index measuring current conditions was 31.1, down from 46.9

Read More »
Scroll to Top