Purpose of Review The housing industry has long provided turn to the long-term trend, an analysis of the current market- important markets for the higher-value hardwood lumber used place illustrates the importance of the construction markets to in fixtures such as cabinets, flooring, and millwork. These the hardwood industry. Potential new markets for emerging markets have become even more important in the face of the products that can make use of hardwoods also are derived decline in furniture manufacture in the USA. The importance from construction-based sectors, so the overall importance of of housing and other construction markets to the US hard- housing and building construction to the hardwood industry is wood industry is the focus of the current review. not likely to wane for the foreseeable future. Recent Findings The housing crisis that began in 2007 (from . . a construction data perspective) has had a profound impact on Keywords Housing starts Value of construction Housing . . the hardwood industry by reducing demand for many products fixtures Hardwood lumber markets Hardwood industry and hardwood industry employment, metrics that recently employment Sales volume changes have started to recover. For higher-value hardwoods, exports have become a critical market in
Current Forestry Reports – Springer Journals
Published: Apr 22, 2017
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