Prices for corrugated paper increased 1.6%.
Nonresidential specialty trade leads with 7,000 job gains, industry unemployment rises to 4.6%.
Exports of lumber from Chile added 0.8%.
Imports of OSB to the U.S. lost 10%.
Exports of birch sawlog from Russia to China increased 8%.
Price for sawlog exported from Germany to China lost 12%.
Imports of wood chips to China decreased 6%.
Exports of wood pellets from Canada lost 13%.
Exports of logs from Canada contracted 23%.
Price for plywood exported from Russia to the U.S. grew 16%.
Exports of lumber from the U.S. to Mexico contracted 9%.
Imports of plywood to the U.S. lost 22%.
However, when comparing year-over-year figures, lumber production in Canada decreased by 5.9%.
A year ago, the rate stood higher at 7.03%.
The property will serve as a model for integrated land-use practices, balancing carbon capture efforts with the production of sustainable timber products.
Export volumes grew consistently during the first quarter of 2024, however, the second half of the year experienced some declines.