HWD's outlook is also good news for WEF
I pulled this off of Hardwoods 2/4 results which just came out
continuing improvement in the US housing market and the positive impact of a lower Canadian dollar. According to the US Census Bureau, the seasonally adjusted annual rate of US housing starts averaged 980,333 during the second quarter, up 13.4% from 864,667 in the same period last year.
Read more at https://www.stockhouse.com/news/press-releases/2014/08/13/hardwoods-announces-second-quarter-2014-results#81yC5UkyLPPMQfeX.99
Hardwoods anticipates continued year-over-year sales growth through the second half of 2014 supported by the continued improvement in the US housing market,
The National Association of Homebuilders is calling for 1.038 million new housing starts in 2014, somewhat lower than previous estimates, but still up 12.3% over 2013. Renovation spending in the US is expected to rise 6.5% year over year according to the Home Improvement Research Institute, and non-residential construction is expected to increase 11.6% according to McGraw Hill Construction estimates.