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After lumber prices surged in 2021 and 2022, the lumber industry responded by investing to increase production. Many lumber veterans saw a long-term opportunity for increased demand for their ...
Lumber prices. Presently there is a healthy lumber economy in the United States, directly employing about 500,000 people in three industries: Logging, Sawmill, and Panel. [62] Annual production in the U.S. is more than 30 billion board feet making the U.S. the largest producer and consumer of lumber. [62]
In the narrow sense of the terms, wood, forest, forestry and timber/lumber industry appear to point to different sectors, in the industrialized, internationalized world, there is a tendency toward huge integrated businesses that cover the complete spectrum from silviculture and forestry in private primary or secondary forests or plantations via the logging process up to wood processing and ...
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Finished lumber is supplied in standard sizes, mostly for the construction industry – primarily softwood, from coniferous species, including pine, fir and spruce (collectively spruce-pine-fir), cedar, and hemlock, but also some hardwood, for high-grade flooring. It is more commonly made from softwood than hardwoods, and 80% of lumber comes ...
Heading into the Memorial Day travel weekend, House Republican leader Kevin McCarthy and other members of his party are falsely blaming President Joe Biden for higher gasoline and lumber costs.