by Working Forest | May 27, 2020 | Archives
NAHB — After weakening in March, the volume of new home sales came in much better than expected in April. Due to economic challenges associated with COVID-19, NAHB was forecasting an additional sales decline in April. However, new home sales estimates from the...
by Working Forest | May 27, 2020 | Archives
The American Journal of Transportation — The trade conflict with China has hit the United States hardwood sector hard and the coronavirus pandemic has made matters that much worse. The Phase I U.S.-China trade deal, inked in January, included potential benefits...
by Working Forest | May 27, 2020 | Archives
North American forest products rail freight was down 7.5% through 20 weeks of 2020 at 316,493 carloads, the Association of American Railroads (AAR) reported. Volume in the week ending May 16 was down 13% to 15,113 carloads. “None of the 10 carload commodity groups...
by Working Forest | May 26, 2020 | Archives
NHLA — The U.S. Department of Agriculture is making available and expanding eligibility for up to $1 billion in loan guarantees to help rural businesses meet their working capital needs during the coronavirus pandemic. Agricultural producers that are not...
by Working Forest | May 26, 2020 | Archives
Forest2Market — US forest industry performance in March and April was recently reported by both the US government and the Institute for Supply Management. Total industrial production (IP) fell 5.4 percent in March (-5.5 percent YoY), as the coronavirus pandemic...