Insufficient Lumber Production Leads To Lumber Price Hike

LUMBER PRODUCTION


Lumber production reduced due to coronavirus pandemic. As a result construction and housing builders can’t meet lumber demand.

This CNN BUSINESS report clearly states the impacts of COVID-19 in US lumber production which effects housing and packaging market.

https://edition.cnn.com/2021/05/05/business/lumber-prices-home-building-costs/index.html