The Recovery of the Timber Market: Current Trends and Future Outlooks

The recovery of the US timber market is in full swing thanks to the recent spike in single-family housing construction and remodeling across the country.  Housing starts from last year eclipsed a 20% rebound threshold and this figure is predicted to approach 30% by the end of the 2013.  This improvement in the housing sector has directly impacted the unemployment rate in the logging industry which is down 3.5% this year in part to the reopening of several sawmills throughout the US.

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From LandThink.com, September 25, 2013

 

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