Wood products manufacturing increased 5% year-over-year in March, according to an analysis by the American Wood Council.
The jump is in response to the high demand for lumber and housing, which has pushed the industry’s production output to its highest levels since the Great Recession, according to AWC.
“These positive trends come despite the wood products industry’s sustained constraints due to log supply, severe weather events, labor shortages and transportation concerns,” AWC stated. “These issues, which manufacturers of all kinds are facing during the pandemic, have made it difficult to meet the renewed retailers’ and wholesalers’ demands.”
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