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Lumber Prices Head Upward Along With Homebuilding

Prices for lumber futures contracts are beginning to rise, after drifting downward for months. China’s building contraction and the winter hiatus knocked down prices, but they could jump dramatically, say analysts, as U.S. homebuilding surges. Lumber is traded...

U.S. Hardwood Lumber Demand Indicator Rises For August

The Weekly Hardwood Review Leading Hardwood Demand Indicator (LHDI)—a forecast of future demand for U.S. hardwood lumber based on residential and commercial construction, import/export trends, inflation levels, and job markets—rises from a reading of 128.4 in July to...