US consumer confidence falls to 16-month low

The Tree Frog Forestry News
June 29, 2022
Category: Today's Takeaway

US consumer confidence drops again in June as inflation tempers economic outlook. In related news: lumber suppliers cut prices to increase sales. In other Business news: Canfor releases 2021 sustainability report; Paper Excellence receives Corporate Citizens award (again); UFP acquires 50% of Dempsey Wood Products; and Ponsse divests its subsidiary in Russia. 

In Climate & Bioenergy news: the European Union confirms GHG targets for land use and forestry; a UN study says deforestation progress is at risk; and US researchers are modelling how biomass evolves over time. Meanwhile, on the Forestry front: BC First Nations decide if and where logging is permitted; ENGOs pan logging companies in BC and the US South; and wildfires updates from California, Utah and Arizona.

Finally, and sadly, a helicopter pilot supporting forest firefighters dies in Alaska.

Kelly McCloskey, Tree Frog Editor

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