Editor’s Note: News below that David Emerson, Canada’s top softwood lumber negotiator, is stepping aside appears to be the final nail in the coffin for softwood lumber trade negotiations. It appears Canada has fully transitioned to a path of litigation.
While most construction productivity isn’t keeping pace, the use of cold-formed steel framing (CFS) can help speed construction time and cut costs to help multi-family projects meet demand and produce quality residences.
Prices paid for OSB (-13.0%), softwood lumber (-1.0%), and inputs to residential construction (-0.1%), all decreased in December, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics.
The U.S. Commerce Department on Thursday said it sent President Donald Trump the results of its probe into whether steel imports threaten U.S. national security, but declined to reveal any details of its recommendations.
Four of the nation’s principal drywall manufacturers have agreed to pay an additional $125 million to settle a class action case involving allegations of price manipulation, boosting the total payout to nearly $191 million, according to an SEC filing.
Seventy-five percent of construction firms plan to expand their payrolls in 2018 as contractors are optimistic that economic conditions will remain strong as tax rates and regulatory burdens fall, according to survey results.
Prices paid for inputs to residential construction (+0.7%), softwood lumber (+2.3%), gypsum products (0.4%), and OSB (+15.3%) all increased in November, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics.
We firmly believe trade policy should exist to ensure that all parties — domestic and international — are competing on a level playing field. This fosters an economic system where companies thrive because of their own ingenuity, efficiency and skill.