New Housing and Construction Methods Drive Demand for Wood

Industry News, International

Since the emergence of the COVID-19 pandemic there have been significant fluctuations in wood demand, starting from a considerable decrease in early 2020 to acute material shortages in 2021 due to soaring post-lockdown demand. As construction activities and furniture manufacturing picked up in late 2020 so did the lumber prices, recording the highest increase since…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Limited Time 15% Promo!
Strong US consumer spending, inflation readings put Fed in tough spot
Mortgage Apps Fall Nearly 5% Week-Over-Week
Insurer cites “growing catastrophe exposure” as it stops new sales in California
Interest Rate Market Update
Thousands of Atlanta homes sit vacant amid housing crisis, data shows