Advancing the industry through technology, equipment, and education

RSS Eye On Housing

  • Second Look at GDP Growth in the First Quarter – A Little Better, But About the Same May 26, 2017
    The Bureau of Economic Analysis (BEA) released the second estimate of real GDP growth in the first quarter of 2017. Economic activity expanded at a 1.2% seasonally adjusted annual rate, an upward revision from the previous 0.7% estimate. This estimate is based on more complete data than was available for the “advance” estimate. Real GDP […]
    Robert Denk
  • NAHB Releases Remodeling by Zip Code Estimates for 2017 May 26, 2017
    NAHB recently released its latest projections of spending on improvements to owner-occupied housing by zip code. The projections show total spending on improvements, the number of owner-occupied homes, as well as average spending per improvement, in each of over 26,000 zip codes for calendar year 2017. The estimates are based on a model relating improvement […]
    Paul Emrath
  • Multifamily Developer Confidence Dips in First Quarter as Market Levels Off May 25, 2017
    The Multifamily Production Index (MPI) dropped seven points to 48 in the first quarter of 2017, according to the National Association of Home Builders (NAHB). The last time the MPI had a reading below 50 was in the fourth quarter of 2011 (Figure 1). Figure 1: NAHB Multifamily Production Index (MPI) and Multifamily Starts (in […]
    Carmel Ford

WMIA has collected a variety of tools to help solve problems in woodworking projects. The Woodworking Technology Shop Guide contains useful conversion tables and other information relating to machinery repair and installation.

You can download the Shop Guide, personalize it by adding your company’s logo, have it printed by your local print shop and distribute it to your customers as a useful tool that will remind them of your company.

U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction, May 16, 2017

The U.S. Census Bureau released new data today on building permits in April 2017 showing a seasonally adjusted annual rate (SAAR) of 1,229,000, down 2.5percent from the revised March rate, but up 5.7 percent from April 2016.

Housing starts in April 2017 were at a SAAR of 1,172,000, down 2.6 percent from March 2016, but up 0.7 percent from April 2016.

Click here for the full report

Virginia Tech, Virginia Cooperative Extension in conjunction with the U.S. Forest Service, produce a monthly housing report. These reports contain in-depth data and comments on the U.S. housing market and are intended to help gauge future business activity.

January 2017 Housing Report

All past Virginia Tech – U.S. Forest Service housing reports are archived here

International Trade Administration Industry Snapshot

Global Industry Snapshot – Sawmill & Woodworking Equipment

This Industry Snapshot is presented by the Office of Transportation and Machinery and Global Manufacturing Team within the U.S. International Trade Administration. The International Trade Administration is dedicated to supporting U.S. jobs by strengthening the international competitiveness of U.S. industry, promoting trade and investment, and ensuring fair trade and compliance with trade laws and agreements.

Introduction:  The sawmill and woodworking industry is a vibrant marketplace. From large machinery to handheld tools, woodworking equipment is used to manufacture essential everyday products with increasing levels of precision, quality, and scale. Across the United States, the industry supports over 11,000 well-paying jobs. Many of these jobs are directly attributable to exports. This Industry Snapshot is intended to provide U.S. manufacturers with an overview of the global trade landscape for sawmill and woodworking equipment. Click here to read the full report.

Manufacturing and Trade Inventories and Sales Reports*

The U.S. Census Bureau today announced new data showing that March 2017 business inventories were $1,840.8 billion, up 0.2 percent from February 2017, and up 2.6 percent from March 2016.  Sales were $1,361.0 billion, virtually unchanged from the previous month but up 6.5 percent from one year earlier.

* The U.S. Census Department releases the Manufacturing and Trade Inventories and Sales Report monthly around the 15th of each month.

Additional economic indicator reports can be found here.

Educational Organizations
Industry Associations
Safety Information