NEWS

Kitchen cabinet sales are still up by 17.3% year-to-date vs. last year, although October sales were down by 6.7% vs. September.

Resource:

KCMA: October Trend of Business Report

A few of Zillow's predictions for the 2023 housing market: affordability will improve, the Midwest will become a hot market, more families and even friends will combine resources to buy homes, more new rentals will be built, and people who bought second homes during the pandemic may now become landlords.

Resource:

The November action by CITES, the Center on International Trade in Endangered Species, includes a set of new requirements for Khaya, also known as African mahogany. The changes will go into effect on February 23 and require re-export documentation to be sent from the country of origin.

Resources:

What is the fastest-growing hardwood tree in the world?

Answer: The empress splendor hardwood tree is one of the fastest-growing hardwood trees in the world and can grow 10-20 feet in its first year.

Resource:

Worldtree: Meet the Empress Splendor

Photo ©  Jean-Pol Grandmont

Decorative Hardwoods Association (formerly HPVA) eNews Volume XV, Issue XXIII: USFWS Lists Bat As "Endangered" | U.S. Imports Of Hardwood Plywood Climb By 40% | U.S. Imports Of Engineered Wood Flooring Grow By 22% | Expect Global Engineered Wood Flooring Market To Reach $77 Billion