Skip to Main Content
Recent Developments in US Hardwood Lumber Markets and Linkages to Housing ConstructionAuthor(s): Urs Buehlmann; Matthew Bumgardner; Delton Alderman
Source: Current Forestry Reports
Publication Series: Scientific Journal (JRNL)
Station: Northern Research Station
Download Publication (479.0 KB)
DescriptionPurpose of Review. The 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. Recent Findings. 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. Summary. 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.
- Check the Northern Research Station web site to request a printed copy of this publication.
- Our on-line publications are scanned and captured using Adobe Acrobat.
- During the capture process some typographical errors may occur.
- Please contact Sharon Hobrla, firstname.lastname@example.org if you notice any errors which make this publication unusable.
- We recommend that you also print this page and attach it to the printout of the article, to retain the full citation information.
- This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.
CitationBuehlmann, Urs; Bumgardner, Matthew; Alderman, Delton. 2017. Recent Developments in US Hardwood Lumber Markets and Linkages to Housing Construction. Current Forestry Reports. 3(3): 213-222. https://doi.org/10.1007/s40725-017-0059-y.
KeywordsHousing starts, Value of construction, Housing fixtures, Hardwood lumber markets, Hardwood industry employment, Sales volume change
- Assessing changes in the U.S. hardwood sawmill industry with a focus on markets and distribution
- Manufacturers and distributors in the U.S. hardwood lumber supply chain: Perceptions of industry trends
- Longrun supply and demand of new residential construction in the United States: 1986 to 2040.
XML: View XML