USDA: Projecting Lumber Demand In The U.S. And Abroad

“Lumber and economic growth are tightly connected,” says USDA Forest Service scientist Jeffrey Prestemon. “At a certain rate of GDP growth, you get a certain path of lumber consumption.” Prestemon recently led a study that projects softwood lumber demand under...

Improved U.S. Housing Good News For Lumber Industry

A new report shows some of New Brunswick’s wood products manufacturers could soon experience a rebound, due to an improving housing market south of the border. A report released by Scotiabank points out an increased demand for wood products in the U.S. According...