

West Coast Business Trends
As we kick off 2024, the North American lumber market could best be described as lackluster. West Coast manufacturers are dealing with a myriad of
As we kick off 2024, the North American lumber market could best be described as lackluster. West Coast manufacturers are dealing with a myriad of
While prospective lumber customers continue to wait for lower interest rates before committing to new builds, lumbermen in the Southeast region noted that rates “might
Interest rates continue to be on everyone’s mind as we go into 2024. “We had a very good run in the lumber markets through November,”
Softwood suppliers in the Northeast accounted for softer market conditions. In New Hampshire a contact said, “It’s definitely slower than the last quarter. All of
Throughout the Inland West region lumber sources varied as to how their marketplaces were faring, at the time of this writing, with some stating that
Throughout the Midwest region there were mixed reviews as to how the market in the area was faring at the time of this writing. In
Across the Southeast region, lumber sources said that their markets are fair and that at the time of this writing, sales were slowing down some.
“The market continues to be a struggle,” according to a Quebec SPF manufacturer, “with consumers dealing with high interest rates and an abundant supply of
In Massachusetts one lumber supplier has noticed a slight slowdown in business, but stated that market activities are returning to normal, resembling pre-Covid conditions. “Things
“It has slowed down. There was a bubble that kind of happened, and I took advantage of it. I was thinking should I sell this
Spruce-Pine-Fir, Douglas Fir, and Western Red Cedar are the species that he markets, in No. 2 and Better in 2×4 through 2×12. “As far as
At the time of this writing West Coast commodity lumber sales are best described as stagnant, prices have hit a wall and in some cases
Across the Southeast, multiple sources have indicated that their markets are experiencing a slowdown in comparison to previous years. In Alabama, a lumber supplier said
Fires, weather, housing starts and interest rates dominated the discussion this period. An Ontario manufacturer indicated that “we’re quiet right now. It feels like the
Lumber suppliers and buyers throughout the Northeast area account for decreased demand and troubled pricing activity. The source in Michigan said business conditions are about
Inland West lumber suppliers report mixed market conditions. A source in Washington said demand is increasing after the spring breakup. “The weather has changed and
Across the Midwest region sources said that their markets are doing well and have started to stabilize as most of the sources seem to be
At the time of this writing, prices remain stagnant and sales muted in most sectors heading into the summer with a few exceptions including Western
Across the Southeast region sources said that their sales aren’t going well and that they are worse than they were six months ago.In Mississippi, a
Interest rates and fires are on everyone’s minds in the past few weeks. The Quebec government reported at one point over 160 forest fires burning
According to an Ontario producer, “The market in general has been poor because of weather conditions, especially in the U.S. northern states and Ontario and