Home Depot Sees 5 to 6 Percent Growth Ahead

Short-term business conditions remain difficult but the big retail chain sees housing momentum returning. “Our Market Recovery Case reflects our performance expectations once we see momentum in housing activity and increased spend on larger projects driven by pent-up demand,” Richard McPhail, executive vice president and chief financial officer for Home Depot, told an investor and […]

Countervailing Duties Findings Released by Commerce Dept.

The preliminary report is in response to what the department calls “significant” subsidies from Asian countries on hardwood and decorative plywood. The new report from the U.S. Department of Commerce found that strong support from governments in China, Indonesia and Vietnam on their exports to the U.S. is creating an unfair advantage in the American […]

‘Tepid Growth’ in Housing Market as 2025 Numbers Finalize

We’re still not seeing major gains but the November 2025 numbers from an important Index are encouraging. Home prices across the country increased 1.4 percent in November according to the latest Case-Shiller US National Home Price NSA Index, considered one of the most prestigious rating services in the business. “November’s results confirm that the housing […]

Building Trade Seeing New Leaders for the New Year

Home builders Lennar and KB Home have new CEOs in 2026, as does key retailer Floor & Decor. The changing of the guard at the corner office of large companies in the home building and woodworking trade is an ongoing event but as the new year starts, two of the biggest builders in the country […]

2025 Was a ‘Pivotal’ Year for Mass Timber Construction

The final numbers aren’t in yet but this past year will see growth at around 20 percent in buildings using the technology. A new analysis of the mass timber field from Ricardo Brites, director of engineering and virtual design and construction at Mercer Mass Timber, finds that there were over 2,500 mass timber projects that […]