Industry News

The rising costs of building material is having a major impact on the construction industry. According to a Minneapolis Fed survey, over 65% of respondents said it’s hurting demand, and 70% said profits are taking a hit. The construction industry and homebuyers both feel the effects of the increasing building material costs and construction salaries.
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“We’re trying to touch on an important issue in an important way,” said Lang Hornthal, co-executive director of event host EcoForesters, as he welcomed guests. “We’re going to talk about it together in discussion and appreciation for what everybody brings to the conversation.” The discussion came at a critical time for forestry in Western North
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May 22, 2023 By Christine Souza – Timber and forest products sector leaders and market analysts say warmer temperatures mean a return to a more typical seasonal demand as construction and home improvement projects resume after the winter slowdown. They say the timber market should fare reasonably well this year, despite rising interest rates affecting new
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