by Web Editor | Jan 30, 2015 | News
Lumber is used in a variety of industries in the United States, but the price of lumber is primarily dictated by the health of the housing and construction industry. Americans may be viewing the economy more optimistically since last year, but their outlook on the...
by Web Editor | Oct 6, 2014 | News
U.S. lumber prices softened in mid-September on a seasonal lull in construction industry orders during another year in which hopes for strong gains in housing starts were disappointed, industry experts said. The framing lumber composite price, an industry benchmark...
by Web Editor | Nov 22, 2013 | News
U.S. lumber prices have firmed in recent months as rising housing starts have put pressure on lean inventories, creating a supply shortage that has yet to fully unwind, executives and industry experts told MNI. Some further gains can be expected in 2014 as the housing...
by Web Editor | Oct 4, 2013 | News
The recent visit by the Council of Forest Industries brought out some of the industry’s heaviest hitters, and also the news that U.S. lumber markets continue to bounce back. It was acknowledged by COFI board chair Nick Arkle that China’s arrival as a...