Is it safe to say the woodworking industry is recovering? Yes, a home buidling and remodeling is driving it, as the latest Federal Reserve Beige Book documents. "New home sales were "mostly improved" and "residential real estate showed widespread improvement," according to the Fed. An underlying factor: formation of new households.
Homebuilders' Earnings Turn Positive
Timber & Home Construction Lifted by Housing
Housing Starts +2.3% in August on Single Family Homes
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