Latest reports on European economic and construction sector health and outlook make for almost exclusively positive reading. After the EU economy enjoyed its strongest growth in gross domestic product in a decade in 2017, the overviews and forecasts for the first part of 2018 state that not only has expansion continued to date, it is set to persist through the rest of the year and into 2019.
Continue reading “Tropical Lumber Battles for Share of Buoyant European Market – ITTO European Market Report 31st July 2018”EU Wood Manufacturing Struggles as UK Slows and Metals Make Inroads – ITTO European Market Report 15th July 2018
There was only very slow growth in both the EU wood furniture and joinery sectors during 2017. While production and consumption gained momentum in parts of continental Europe, particularly in Eastern Europe, this was offset by a significant slowdown in the UK and stasis in Germany.
Continue reading “EU Wood Manufacturing Struggles as UK Slows and Metals Make Inroads – ITTO European Market Report 15th July 2018”