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US disposable personal income rose 0.3% in January, personal consumption expenditures up 0.2%; rise in personal income reflected increases in government social benefits, personal income receipts on assets, and compensation: BEA

Small US paper bag suppliers, via Alliance for Responsible Trade in Paper Bags, opposes trade petition from group led by Novolex requesting for antidumping and countervailing duties to be imposed on imported shopping bags from nine different countries

North American lumber prices remain flat amid muted sales as potential buyers remain cautious despite 'reasonably good inquiry' at sawmills, expected construction activity increase; US to implement 13.86% duty rate on Canadian softwood imports

US real GDP in Q4 rose at an annual rate of 3.2%, revised from prior estimate of 3.3%; update reflected a downward revision to private inventory investment, partly offset by upward revisions to state, local government, consumer spending: Dept. of Commerce

US international trade deficit increased by US$2.3B in January from December to US$90.2B, as seasonally adjusted wholesale inventories declined 0.1% to US$896.8B, seasonally adjusted retail inventories increased 0.5% to US$804.8B: Dept. of Commerce

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