Industry News

Economic fundamentals dictate a steady Fed policy. Growth at 2.5 percent and core inflation at 2.1 percent defines an economy that awaits the outcomes of the Super Committee and Greek referendum.

Since early 2010, we have emphasized that the economic recovery would exhibit unusual sector differences and persistent weakness in job growth relative to historical experience. That theme still persists.

Total construction spending rose 0.2 percent in September, the second consecutive monthly increase. Prior months’ data were revised downward. Residential outlays rose 0.7 percent and nonresidential fell 0.1 percent.

Despite renewed attention from the Obama administration and the Federal Reserve, the housing recovery appears to be going nowhere fast.

In this report we break down the evidence and explore the history of the U.S. manufacturing sector and contemporary trends to determine if manufacturing is, in fact, in decline.

Moderate job gains have been the story for some time and this suggests the economy has settled into expansion mode. The distribution of jobs continues to be concentrated in professional services.

Nonfarm employment rose by 80,000 jobs in October and data for the previous two months were revised up. The unemployment rate fell to 9.0 percent.

The Kitawanga sawmill near Hazelton, BC has shutdown only a few months after opening in July. The mill’s owners, Pacific Bioenergy, said they had to shutdown the mill temporarily due to unforeseen market events

Crow's Market Recap -- A condensed recap of the market conditions for the major North American softwood lumber and panel products as reported in Crow's Weekly Market Report.