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Woodworking Industry News

Construction Backlog Indicator rises, confidence falls in July, reports advocacy group

Associated Builders and Contractors has reported that its Construction Backlog Indicator rose to 8.8 months in July, according to an ABC member survey conducted July 24 to Aug. 4. The reading is up 0.4 months since July 2024. ABC’s Construction Confidence Index reading for sales and profit margins declined in July, while the reading for staffing levels rose to the highest level since April.

Woodworking Industry News

U.S. Forest Service investing $106 million to conserve working forests

U.S. Secretary of Agriculture Brooke L. Rollins has announced the U.S. Forest Service is investing $106 million to support state and landowner efforts to conserve private working forestlands across the country. Funded through the Forest Legacy Program, these projects will protect forests vital to the economic and social fabric of local communities – ensuring they remain productive, working forests for Americans and tourists to use and enjoy.