US wood product manufacturers producing at pre-crisis levels
Despite the many challenges presented by the pandemic, US wood products manufacturers are responding to the high demand by producing wood products at levels not seen since before the Great Recession. Production output of wood products is the highest it’s been since 2007, according to the Federal Reserve Board. Meanwhile, organizations such as the National Lumber and Building Material Dealers Association and the National Association of Home Builders has pressured Washington to investigate rising lumber costs. At the beginning of the COVID-19 pandemic, US wood product manufacturers were operating under the same ...
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