What is it?
This index shows the number of weekly bulk shipments/carloads of Lumber and Wood moved by the railroads in the United States, Canada, and Mexico. Updated weekly.
Who is interested?
Economists and Analysts. Construction Sector.
What does it tell me?
Volumes are a good indicator as to what is happening in residential and commercial construction. This is also and indicator of durable goods. At the end of the residential construction process, a newly built dwelling is filled with durable consumer goods.