The U.S. International Trade Commission (USITC), in a vote of 4 to 2, cleared the way for the Commerce Dept. to impose antidumping and countervailing duty orders on engineered wood flooring imported from China.
Agriculture Secretary Tom Vilsack has urged U.S. builders to prioritize wood in green buildings. He made the recommendation after the Forest Service concluded in a new report that using wood in building products yields fewer greenhouse gases than using common materials.
Responding to the Commerce Department's September housing starts data -- up 15% from August -- the National Association of Home Builders (NAHB) said tight lending conditions continue to depress the market.