Recent Developments in US Hardwood Lumber Markets and Linkages to Housing Construction

dc.contributor.authorBuehlmann, Ursen
dc.contributor.authorBumgardner, Matthewen
dc.contributor.authorAlderman, Deltonen
dc.contributor.departmentSustainable Biomaterialsen
dc.date.accessioned2020-03-19T17:36:14Zen
dc.date.available2020-03-19T17:36:14Zen
dc.date.issued2017-09en
dc.description.abstractThe housing industry has long provided important markets for the higher-value hardwood lumber used in fixtures such as cabinets, flooring, and millwork. These markets have become even more important in the face of the decline in furniture manufacture in the USA. The importance of housing and other construction markets to the US hardwood industry is the focus of the current review. The housing crisis that began in 2007 (from a construction data perspective) has had a profound impact on the hardwood industry by reducing demand for many products and hardwood industry employment, metrics that recently have started to recover. For higher-value hardwoods, exports have become a critical market in the face of historically low US housing starts. Industrial markets such as pallets and railway ties, traditionally markets for lower-value products, also have increased in relative importance in recent years. While housing starts are expected to eventually return to the long-term trend, an analysis of the current marketplace illustrates the importance of the construction markets to the hardwood industry. Potential new markets for emerging products that can make use of hardwoods also are derived from construction-based sectors, so the overall importance of housing and building construction to the hardwood industry is not likely to wane for the foreseeable future.en
dc.description.adminPublic domain – authored by a U.S. government employeeen
dc.format.mimetypeapplication/pdfen
dc.identifier.doihttps://doi.org/10.1007/s40725-017-0059-yen
dc.identifier.issn2198-6436en
dc.identifier.issue3en
dc.identifier.urihttp://hdl.handle.net/10919/97376en
dc.identifier.volume3en
dc.language.isoenen
dc.rightsCreative Commons CC0 1.0 Universal Public Domain Dedicationen
dc.rights.urihttp://creativecommons.org/publicdomain/zero/1.0/en
dc.subjectHousing startsen
dc.subjectValue of constructionen
dc.subjectHousing fixturesen
dc.subjectHardwood lumber marketsen
dc.subjectHardwood industry employmenten
dc.subjectSales volume changesen
dc.titleRecent Developments in US Hardwood Lumber Markets and Linkages to Housing Constructionen
dc.title.serialCurrent Forestry Reportsen
dc.typeArticle - Refereeden
dc.type.dcmitypeTexten
dc.type.dcmitypeStillImageen

Files

Original bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
Buehlmann2017_Article_RecentDevelopmentsInUSHardwood.pdf
Size:
603.47 KB
Format:
Adobe Portable Document Format
Description: