Lumber prices that have dropped more than 20% over the past month are prompting one of North America's largest producers to throttle back output by 12%. Interfor said Thursday that it would reduce ...

President Trump’s 10% tariff on lumber imports takes effect today, and futures prices are continuing their recent climb from ...

North Carolina man who voted for Trump forced to shut family lumber mill, cut 50 jobs due to tariffs. What's next for rural ...

Sawmills in all producing regions reported rising timber and log prices. “There is no economic sense to timber prices,” said one mill owner in the Upper Midwest. Another in the Carolinas said log ...

VANCOUVER, BC, Dec. 19, 2024 /CNW/ - US new-home construction fell in November as a drop in multifamily projects mitigated a rebound in starts of single-family houses. US new-home construction fell in ...

A red-hot housing market is sparking a record-breaking rally in lumber-tracking exchange-traded funds. The $393 million iShares Global Timber & Forestry ETF (ticker WOOD) has nearly doubled in the ...

Gura: Since April, Trump's tariffs have shocked supply chains, and raised prices of both imported and domestic goods. While ...

They say money doesn't grow on trees, but over the last year it did. Lumber prices skyrocketed to historic highs during the coronavirus pandemic, fueled by a demand for new homes and a surge in ...

The number one material used to make most homes is lumber. “Anything that is a structural number in our homes is predominantly manufactured out of wood,” said David Lemnah, President of Lokal Homes.