Composite PMI output index remains at 50.0%, with service activity improving and construction slightly slowing.
Homebuilding
15-year fixed-rate average declines to 5.41% as rates drop for the fourth consecutive week.
Third-quarter adjusted EBITDA declined 31% to $434 million, with gross margin dropping to 30.4% and net income down 57% to $122 million.
The Softwood Lumber Board and USDA Forest Service select Cleveland High School, New Lawton Elementary, New Central Maui School, and Whittier Elementary for funding to expand mass timber use in K-12 education.
Affordability constraints and cautious buyers reduced closings by 5% to 84,863 homes, bringing annual revenue to $34.3 billion.
Real housing wealth falls for fourth month while Chicago stands alone with 0.26% rise.
New office aligns with 1.5 million U.K. housing target and rising demand for prefabricated wood construction.
The 15-year fixed-rate mortgage averages 5.44% as refinancings maintain majority share of loan applications.
Median price rises 2.1% to $415,200 as inventory increases 14.0% from a year ago.
New home prices drop 2.6% as commercial housing sales fall 12% from 2024.
Housing projected to reach 206.1 billion kronor in 2026 while commercial buildings grow by just 1%.
ABC Supply announceы its newest locations, furthering its commitment to providing enhanced support to area contractors.
Order value declines to $3.6 billion as unit backlog shrinks by 18% from prior year.
Residential construction investment edges up, led by single-family homes.
Mead Lumber now has 53 locations in Colorado, Kansas, Iowa, Missouri, Montana, Nebraska, Oklahoma, South Dakota, and Wyoming, including six truss and wall panel manufacturing plants and a countertop manufacturing facility.
U.S. 30-year fixed-rate mortgage (FRM) averaged 6.27% as of October 16, 2025, down from last week when it averaged 6.30%.
The single-family component declined $112.3 million to $2.5 billion in August, driven by Ontario (-$131.0 million) and followed by Alberta (-$59.6 million). Quebec (+$36.8 million) and Manitoba (+$23.2 million) mitigated the decline.
Leading sawmillers unite with Confor to champion UK timber.
With this strategic milestone, Accoya, the high-performance, sustainable wood, celebrated for its durability and dimensional stability, is now directly distributed in the three largest North American markets: the United States, Canada, and Mexico.
The 15-year FRM averaged 5.53%, down from last week when it averaged 5.55%.