Consolidation of US homebuilders one reason housing starts remain low despite strong economy

July 13, 2018
Category: Today's Takeaway

Friday the 13th Frog!

The Wall Street Journal (subscription only) reports that one of the reasons US housing starts have remained low in a strong economy is because there are “fewer small-time construction companies that build like crazy during boom years”. In other Business news: JD Irving expects to pay $45 million in lumber tariffs despite its reduced rate; while US lumber producers are relieved that Canada’s retaliation against Trump’s steel tariffs leave wood products largely spared.

 

Meanwhile, Business in Vancouver has these headliners today:

Finally, modular wood stadiums and driverless logging trucks may be the next breakthroughs in technology?

–Kelly McCloskey, Tree Frog Editor

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