Question-and-Answer Session
[Operator Instructions]. Our first question comes from the line of Gail Glazerman with UBS. Go ahead ma'am.
Gail Glazerman - UBS
Thank you. Patrick, it was a good discussion of your demand outlook for '08. I was wondering if you could just touch on current demand conditions, what you're seeing in the start of the year and what you're hearing specifically from your customers?
Patrick J. Moore - Chairman and Chief Executive Officer
Sure Gail, good morning. I would say that we're experiencing what we would describe as fairly normal seasonal demand patterns. Again compared to last year, sequentially, and I'm talking about from December into January, on a per day basis our demand trends are slightly better than that period last year. As I mentioned, overall business condition, export markets remained strong, and we really don't see any trends near-term that suggest that that will change. We do have some pockets of demand weakness, and I think housing related, obviously is down a little bit. But again some of our food demand trends, things like pizza remain pretty strong. As Steve alluded to one of the other areas of slight weakness for us is Canada, continues to remain a challenge, again due primarily to the currency situation, which has impacted business in Canada and again encourages some of the shipment of Corrugated across the border. But other than that, as I said we're seeing fairly normal seasonal demand patterns.
Gail Glazerman – UBS
Okay. And just kind of a follow-up, can you talk a little bit about what you're seeing in the export markets today, there has been talk of inability to find shipping space and some other issues. I mean are you, given set export levels they are sustainable where they are today?
Patrick J. Moore - Chairman and Chief Executive Officer
Yeah, we believe that export levels are sustainable at their levels today. I mean there is some issue around shipping containers, some of the ports are a little bit backed up from that standpoint. But overall demand in the export markets remain strong and for the most part we see ourselves fulfilling all of our customer obligations as we move into the first quarter this year.
Gail Glazerman - UBS
Okay thank you.
Operator
Our next question comes from the line of Joe Stivaletti with Goldman Sachs. Please go ahead Sir.
Joe Stivaletti - Goldman Sachs
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