Category: Business Trends

National Hardwood Magazine
Miller Wood Trade Publications

Southeast Business Trends – January 2025

In the Southeast, lumber sources have provided a variety of reviews on what state the market is in.

In Kentucky, one lumber representative reported that while the upper grades are moving well, “the 2 and 3 Common Oak is definitely very tough. Residential flooring is non-existent.” As for the reason behind this slow down, he remarked, “I don’t think I really have a good answer for the reason for the slow down. It’s definitely not production because that is way down. I think the vinyl plank flooring has probably hurt the flooring market.” In comparison to six months ago, he said, “it’s slightly better because of a slight uptick in pricing and demand focused on the upper grades. The lower grades have slipped down but I’d say, overall, the upper grades have climbed higher than what the lower grades have dropped.”

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Miller Wood Trade Publications

Ontario Business Trends – January 2025

According to published reports, the furniture industry has struggled with orders for several years, which drove many companies to stop production temporarily through this challenging economic climate. Residential furniture manufacturers were reported as remaining cautiously optimistic, hoping that economic conditions and orders will rise by mid-2025. It was noted that the larger furniture producers were featuring Red and White Oak, and Ash. 

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Ontario
Miller Wood Trade Publications

Quebec Business Trends – January 2025

Quebec Business trends –
As we end 2024, and ring in 2025, contacts described mixed market conditions for hardwoods, which varied depending from species to species and grades of lumber as well as areas contacted. Many items have been doing well in the marketplace, like No. 1 Common and Better Hard Maple, and certain grades of Soft Maple and Red Oak. As well, certain species like Aspen and Basswood continue to underperform such as lower grades of most species. With the focus to other species like Oak, Cherry and Walnut in certain areas heading into the fall, certain species were less available, although supply was meeting demand.

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Miller Wood Trade Publications

Lake States Business Trends

Across the Lake States region sources that were contacted noted that while their sales were down overall from where they were six months that they

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