US construction spending rises, new housing supply falls

November 3, 2020
Category: Today's Takeaway

Things are still looking good for US builders as construction spending is up and new housing supply is down. Elsewhere: the share of new homes with decks declined; mass timber education gains traction in Ontario; and building with wood could cut Europe’s cement emissions in half. In company news: Weyerhaeuser is upgrading its Natchitoches mill in Louisiana; Bayer takes a huge writedown due to Roundup claims; and Stimson supports training college with monies for a CNC machine.

In Forestry news: Trudeau’s massive tree-planting pledge lacks a budget; BC’s commitment to environmental assessments is questioned; and the trend in US wildfires shifts focus to forest management in Arizona and New Jersey.

Kelly McCloskey, Tree Frog Editor

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