Economic outlook - Page 1

Stay up to date with the latest economic outlook news in the global timber industry

Latest Economic outlook Update

Roofing Megastore publishes research into building materials price growth
17 November, 2021
Online roofing product sales platform Roofing Megastore has completed its own building materials pricing research showing the huge spikes in timber and steel prices in the past year.
> read more
BMBI reports continued strong year-on-year growth
Wednesday, October 20, 2021 The latest report from the Builders Merchant Building Index (BMBI) reveals that builders’ merchants’ August value sales were 23.0% higher year-on-year, with timber & joinery products once again topping the list of best performing categories (+51.5%).
TTJ softwood market update: market hits the buffers
Wednesday, October 20, 2021 After a long run starting in April 2020 of steadily increasing prices fed by softwood shortages and strong demand, the UK trade appears to have hit the buffers with several ports filled to capacity, writes TTJ’s Softwood Specialist.
Softwood supply finally catching construction demand, says TTF
Tuesday, October 19, 2021 More than seven million m3 of timber and panel products were imported by the UK between January and July 2021, according to the latest Timber Trade Federation (TTF) Market Statement.
TTF’s David Hopkins talks timber supply on BBC News
Monday, August 09, 2021 Timber Trade Federation CEO David Hopkins has appeared on the BBC TV 6pm news to talk about current timber supply issues affecting the UK.
Builders’ Merchants’ sales up year-on-year as industry continues growth trajectory
Tuesday, July 20, 2021 The latest figures from the Builders Merchants Building Index (BMBI) reveal that year-on-year sales through UK builders’ merchants are on an upward trajectory, as the industry continues to meet sustained high demand for building products.
International Softwood Conference goes hybrid
Wednesday, June 23, 2021 The 69th International Softwood Conference (ISC) will be a hybrid conference taking place in Helsinki on October 13-14.
Global wood-based panels conference to debate panels markets on May 11
Friday, May 07, 2021 TTJ-sister title Wood Based Panels International (WBPI) kicks off its virtual half-day conference on May 11, focusing on the performance of the global panels industry during the Covid-19 pandemic and looking beyond.
UK Softwood Conference to cover important updates on latest market dynamics
Monday, March 22, 2021 The UK Timber Trade Federation’s (TTF) annual Softwood Conference on March 31 will address softwood market dynamics against a backdrop of both the Covid-19 pandemic and Brexit.
Nordic mills post strong annual results
Tuesday, March 09, 2021 Nordic forest products operations have reported strong performances, despite the disruptions caused by the global health crisis.
UK economy predicted to return to pre-Covid levels by middle of 2022
Thursday, March 04, 2021 The UK economy is forecast to return to pre-Covid levels by the middle of 2022, with growth of 7.3% next year, according to UK chancellor Rishi Sunak.
Travis Perkins posts pre-tax loss after year of unprecedented challenges
Tuesday, March 02, 2021 National merchanting group Travis Perkins (TP) has posted a group pre-tax loss of £7.7m (2019: £180.8m pre-tax profit) for the year ending December 31, 2020 after facing a year of unprecedented challenges due to the Covid-19 pandemic.
Timber users and buyers warned on stock shortages
Friday, December 11, 2020 The Timber Trade Federation (TTF) is advising all timber users and buyers to be proactive in their purchasing strategies against a background of continuing tight wood supply conditions.
TTJ webinar on Covid-19 crisis to air this Thursday
Tuesday, May 19, 2020 TTJ’s first webinar Coming out of Covid-19: Timber industry adapting for the Future will be aired on Thursday May 21 at 3pm UK time.
South European parquet markets severely hit by Covid-19 crisis
Monday, April 13, 2020 Parquet flooring markets in southern Europe have been severely impacted by the Covid-19 pandemic, according to the European Federation of the Parquet Industry (FEP).
Nordic sawmill curtailments continue
Wednesday, November 06, 2019 Nordic sawmillers have reported weaker results and curtailment of production to manage lower prices, oversupply and weakening demand amid a background of uncertain global economic conditions.
Travis Perkins delivers solid Q3, will demerge Wickes by Q2, 2020
Tuesday, October 22, 2019 Travis Perkins has delivered a “solid” Q3 performance, despite trading conditions becoming incrementally more challenging through the course of the summer as a result of the on-going market uncertainty.
International Softwood Conference hears about market deceleration
Tuesday, October 22, 2019 Market deceleration and long-term raw material challenges were key points shared at this year’s International Softwood Conference (ISC) in Antwerp.
CPA survey shows cautious next 12 months for UK construction products
Friday, October 18, 2019 Construction product manufacturers are signalling a cautious view of the next 12 months, with 11% of heavy side firms anticipating a fall in sales, according to the latest Construction Products Association (CPA) survey.
Construction sector reports reveal optimism for second quarter
Tuesday, May 07, 2019 Latest surveys from the Construction Products Association (CPA) and Federation of Master Builders (FMB) reveal a broadly optimistic picture in the construction materials and building sector.

News By Category view all