Senate Revives Interest in Renewable Electricity Standard

Posted by John Greene

30-by-30. It’s a lofty goal, but as most good intentions go—especially in matters of legislation conceived nearly two decades before a target maturity date—lofty tends to be the norm. And when it comes to subjects as unpredictable as renewable energy lawmaking, well, the sky is the limit. With recent news about revived Senate interest in establishing a national Renewable Electricity Standard (RES), the two Democrat Senators from New Mexico, Tom Udall and Martin Heinrich, are taking center stage by introducing a bill (S. 1264) that would require major utilities to generate 30 percent of their electricity from renewable energy sources by 2030 (hence the catchy nickname, 30-by-30).

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Topics: Renewable Energy Standard


US South Timber Prices: March/April 2015

Posted by Joe Clark

A comparison of timber prices across the South for the last 60-day period demonstrates the relative importance of location when it comes to timber prices. Southwide, for instance, in the 60-day period between March and April 2015, stumpage prices remained fairly stable, within one percentage point of the previous 60-day average.

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Topics: timber prices


Forestry-Related Industry Performance: April 2015

Posted by Joe Clark

Forestry-related industry performance for the latter part of March and the month of April remained largely unchanged over February data in both the manufacturing and non-manufacturing sectors.

Total industrial production (IP) decreased 0.6% (+2.0% YoY) in March, more than undoing February’s 0.1% gain. For 1Q2015 as a whole, IP declined at an annualized rate (AR) of 1.0%, the first quarterly decrease since 2Q2009. The 1Q2015 decline resulted from a 60% (AR) drop in oil and gas well drilling and servicing, and from a 1.2% decrease in manufacturing production. Performance of major sub-groups was as follows:

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Topics: forest industry performance


Better Late Than Never: Housing Comes Alive

Posted by Daniel Stuber

It looks like Home Depot’s bid to fill 80,000 temporary positions has paid off; the company recently posted better-than-expected earnings and revenue numbers as consumers continue to spend money on existing homes. While we made mention of this trend last month in our housing market performance update, we also noted that formulating an accurate housing starts prediction would be a tall order given the available data at the time.

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Topics: housing market update


The Millennial Generation: Part 1—Trends and Lessons

Posted by John Greene

As we kick off what will be a two-part series on the Millennial Generation—those born between 1980 and 2000—and their many differences in tastes, preferences and habits from their elders, our aim is to identify some of the nuanced labels and trends associated with this generation and compare them to the actual data.

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Topics: Consumer Trends


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