US growth to decelerate and remain tepid in 2024

The Tree Frog Forestry News
November 21, 2023
Category: Today's Takeaway

US growth is expected to decline in Q4, 2023 and remain tepid in 2024. In related news: Canada’s inflation rate cools to 3.1%; US custom home building slows; and offshore log and lumber markets may be worse than you think. Meanwhile: Canadian wildfires caused millions in insured damage; five striking workers at Woodland Pulp mill are arrested; an Eastern Oregon timber antitrust lawsuit is revived; and the Wood Products Manufacturers Association has a new board of directors.

In other news: Canada will appeal the court ruling on single-use plastics; wildfire smoke is said to impact First Nations the most; wildfires bring wolves back to California after 150 years; Washington State to increase wildfire awareness with Smokey Bear license plates; the US Endowment seeks to improve forest revitalization measurements; and an Australian study says plants may absorb more CO2 in a changing climate.

Finally, and sadly, a fatality at Weyerhaeuser Grande Prairie, Alberta lumber mill. 

Kelly McCloskey, Tree Frog Editor

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