Favorable demographics, tighter labor markets will drive stronger North American OSB profits.
October construction activity rebounded with rising single- and multi-family starts, offsetting weaker September activity. The fourth quarter of 2016 started strong as single-family starts hit a monthly high for 2016, led by a surprise uptick in the U.S. South, despite Hurricane Matthew. As anticipated, October multi-family starts rebounded from a soft September to match July for the strongest month of the year. Despite rain in the U.S. South, favorable weather conditions throughout the country ...
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