Business Trends Abroad

Europe – In October 2023, compared with last September, which is the most recent data available at presstime, seasonally adjusted production in the construction sector decreased by nine-tenths of a percent in the Euro Area (EA) and by six-tenths of a percent in the European Union (EU), according to first estimates from Eurostat. Last September, […]

Business Trends Abroad

Europe – In October 2023, compared with last September, which is the most recent data available at presstime, seasonally adjusted production in the construction sector decreased by nine-tenths of a percent in the Euro Area (EA) and by six-tenths of a percent in the European Union (EU), according to first estimates from Eurostat. Last September, […]

Southeast Business Trends

Lumber sources throughout the Southeast region are a mixed bag, with comments ranging from the market has improved to sales have slowed down. In Tennessee a sawmill representative said that his market has improved, at the time of this writing. “We are doing better than we were six months ago. I think this is due […]

Ontario/Quebec Business Trends

“The market continues to be a struggle,” according to a Quebec SPF manufacturer, “with consumers dealing with high interest rates and an abundant supply of lumber, especially in eastern Canada. There is a lot of pressure on price. The best way to qualify what is successful is if you are able to achieve a certain […]

Business Trends Abroad

Peru, The Services and Extractive Industries section of ADEX revealed that wood product exports for the initial five months of this year totaled $46.3 million, marking a significant 30 percent decline from the $66.4 million recorded during the same period in 2022. Among these exports, France and China stood out as the major markets, accounting […]

Ontario/Quebec Business Trends

Fires, weather, housing starts and interest rates dominated the discussion this period. An Ontario manufacturer indicated that “we’re quiet right now. It feels like the dog days of summer. You know, when housing starts went from 1.61 million in the U.S. to 1.4 and change, that really seemed to cut the market off at the […]

Ontario Business Trends

This year’s fire season came early with uncontrolled fires in every province across the country caused by unseasonably warm temperatures and little rain, making it difficult to battle wildfires. Environment Canada issued alerts of high air pollution in many areas downwind from the flames throughout the country. This fire season has already broken records for […]

Quebec Business Trends

With the July construction break behind us, business is slowly getting back to normal. Markets for most grade lumber items are weak, advised contacts, which is caused by the lackluster economy, and residential home construction is down. The economy is not strong presently, and uncertainty plays into the current pace of business. Some wholesalers and […]

Business Trends Abroad

Brazil – Brazilian exports of wood-based products (except pulp and paper) decreased 35 percent in value compared to last year, from US$503.3 million to US$329.2 million. The value of wooden furniture decreased from US$58.8 million in the second quarter of 2022 to US$52.1 million in the same period of 2023, an 11 percent fall. Tropical […]

Ontario Business Trends

This year’s fire season came early with uncontrolled fires in every province across the country caused by unseasonably warm temperatures and little rain, making it difficult to battle wildfires. Environment Canada issued alerts of high air pollution in many areas downwind from the flames throughout the country. This fire season has already broken records for […]