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View this interactive chart on Fortune.com. What’s more, the critical home-renovation market, which boomed during the pandemic helping to lift lumber prices, is also showing signs of weakness ...
A perfect storm has driven lumber prices of up 308% since the onset of the pandemic, with big implications for homebuilders and buyers. Here’s what happened.
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Plywood for flooring applications is often tongue and groove (T&G); This prevents one board from moving up or down relative to its neighbor, providing a solid-feeling floor when the joints do not lie over joists. T&G plywood is usually found in the 13-to-25-millimetre (1 ⁄ 2 to 1 in) range.
Lumber is wood that has been processed into uniform and useful sizes (dimensional lumber), including beams and planks or boards. Lumber is mainly used for construction framing , as well as finishing (floors, wall panels , window frames ).
Lumber prices. Presently there is a healthy lumber economy in the United States, directly employing about 500,000 people in three industries: Logging, Sawmill, and Panel. [62] Annual production in the U.S. is more than 30 billion board feet making the U.S. the largest producer and consumer of lumber. [62]
The board foot or board-foot is a unit of measurement for the volume of lumber in the United States and Canada.It equals the volume of a board that is one foot (30.5 cm) in length, one foot (30.5 cm) in width, and one inch (2.54 cm) in thickness, or exactly 2.359 737 216 liters.
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